Address
1031 South Main St Fort Bragg, CA
Price
$ 1,350,000
Property Attributes
  • MLS#321011895
  • TypeCommercial
  • CountyMENDOCINO
  • CityFort Bragg
  • AreaCoastal Mendocino
  • Zip95437
  • StyleRetail
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12000
  • Lot Size1.25 Acres
Listing Provided Courtesy Of:
Carmen Gray with RE/MAX Gold - 707-422-4411
Data Source:
Bay Area Real Estate Information Services
Property Description

This 6-unit Multi-tenant commercial property is currently at a 6.3% Cap Rate (7.7% Cap Rate non Covid) and is located in the heart of the southern approach corridor for downtown Fort Bragg. ​High Visibility, Upside rental opportunities, 2 Structures at approximately 12,000 SF total (9,000 SF / 3,000 SF). 5 Roll Up Doors, Loft, 1 Loading Dock, 32 parking spots, ​5 electric meters, 6 bathrooms and a ​kitchen. ​There is also a owner's apartment (1000 SF) on second floor of the larger building. Currently the entire 3000 SF building is 100% Occupied. Approximately 3500 SF out of 9000 SF building is rented by the retail store. Zoned Highway Visitor Commercial (CH), Prime potential for a Retail/Hospitality site with proximity to McDonalds and Mendocino College's Coast Center. Strengthening local demographics, Easy access to Anderson Valley, Santa Rosa and the San Francisco Bay Area markets.

Price History
3/9/2021 Listed $1,350,000

General Features

Auction No
Availability Date 1800-01-01T00:00:00
Building Features Multiple Tenant Building
Current Use Retail, Warehouse
MLS Area Coastal Mendocino
Property SubType Retail
Property Type Commercial Sale
Status Active

Interior Features

Floors 2
Restrooms 5
Total Stories 2

Exterior Features

Building Area Total 12000
Lot Size Acres 1.2545
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 54646
Lot Size Units Acres
Number of Buildings 2
Road Frontage Type Highway Exposure, Highway Frontage
Total Parking 32

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 95437

Price
AVG $1.12M
$1.35M
Visits
AVG 21
20
Walkscore
AVG 66
57
Data Provided by Walkscore ® not using MLS data

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