Address
321 N Franklin St Fort Bragg, CA
Price
$ 950,000
Property Attributes
  • MLS#321112751
  • TypeCommercial
  • CountyMENDOCINO
  • CityFort Bragg
  • AreaCoastal Mendocino
  • Zip95437
  • StyleMixed Use
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size3,868 SqFt
Listing Provided Courtesy Of:
Jeff Sacher with Santa Rosa Business & Commercial - 707-526-1050
Data Source:
Bay Area Real Estate Info Services (BAREIS)
Property Description

The subject property is a two-story structure which includes the bar and three residential rental units. This is an opportunity to own one of the most popular bars, Tip Top Lounge, in Fort Bragg along with the real property. Evidenced of its popularity, the bar has been a main attraction of locals and tourists for many years. The bar is well-equipped with two pool tables, dart boards, and a classic jukebox to set the mood. Tip Top Lounge currently operates with a Type-48 full liquor license and is included in the asking price. Each rental unit features one bedroom and one bathroom and are currently occupied by long-term tenants. Current rental rates are $500, $675, and $700 per month; however the current market suggests a new owner could yield more. In addition, the property has plenty of storage space, an office, a laundry room, and two-space carport. Positioned on a high-trafficked downtown street, the building is closely situated to various high-end boutique stores.

Price History
12/11/2021 Listed $950,000

General Features

Auction No
Availability Date 1800-01-01T00:00:00
Building Features 1 Restroom Per Unit, Extra Storage, Front Sign, Living Area in Building, Other Restroom Facilities, Restroom(s)-Public
Business Type Bar/Tavern/Lounge
Current Use Mixed Use, Residential, Restaurant
Flooring Carpet, Concrete Slab, Linoleum
Levels Other
Lot Size Square Feet 3867.00
MLS Area Coastal Mendocino
Property SubType Mixed Use
Property Type Commercial Sale
Status Active
Structure Type Attached, Mixed Use
Tenants 3

Interior Features

Offices 1
Restrooms 2
Total Stories 1

Exterior Features

Building Area Total 4320.00
Building Class Class C
Lot Size Acres 0.0888
Lot Size Source Not Verified
Lot Size Units SqFt
Road Frontage Type City Street
Total Parking 2.00

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 $1.11M
$950K
Visits
AVG 21
7
Walkscore
AVG 79
90
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.