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    1031 South Main Street

    Fort Bragg, CA 95437
    • $1,350,000
    • STATUS: Active
    • ON SITE: 140 days
    • ID#: 321011895
    UPDATED: 76 min ago
    $1,350,000
    • 0
      BEDS
    • 1.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $113
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    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.

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-07-27T13:57:01.583.
    www.hiraethhomes.com/homes/114884147
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    1031 South Main Street Fort Bragg, CA 95437

    • Price: $1,350,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: 321011895
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.25
    Acres
    12,000
    SQFT
    $113
    $/SQFT
    Neighborhood:
    Coastal Mendocino
    County:
    Mendocino
    Area:
    Coastal Mendocino
    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.
    Exterior Features

    Location DowntownFreeway NearbyHospital NearbyHotel/Motel NearbyRestaurant NearbyShopping NearbyStrip Center Parking Total 32 Road Frontage Type Highway ExposureHighway Frontage

    Interior Features

    Floor 0

    Property Features

    Auction No Availability Date 1/1/1800 12:00:00 AM Building Features Multiple Tenant Building Current Use RetailWarehouse Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Office Sq Ft 0 Operating Expense Includes InsuranceProperty TaxOther Percent Office 0 Property Sub Type Retail Property Type Commercialsale Retail Sq Ft 0 Warehouse Sq Ft 0

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Carmen Gray of Re/Max Gold.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-07-27T13:57:01.583.
     
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