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Listed by Sarah Schoeneman • Mendo Sotheby's International Realty
$ 1,300,000
Est. payment /mo
Active
35507 S Highway 1 Gualala, CA 95445
10,052 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,052 sqft
Price per Sqft $129
MLS Listing ID CRC1-10942
HOA Y/N No
Year Built 1956
Property Sub-Type Mixed Use
Source Datashare California Regional
Property Description
Where the Redwood forests meet the ocean, the iconic Anchor Bay Commercial Village is prominently located on both the East and the West sides of Highway 1. Anchor Bay East'' offering consists of 7-units with historically high occupancy. Comprised of a well-rounded mix of retail, office, and restaurants with an organic-based grocery store as its anchor tenant. Located in the heart of the Mendocino Banana Belt'', the coastal village of Anchor Bay is warmer, with less fog and wind, than its surrounding area. The well-established mix of businesses are popular with locals and tourists. Immediately north of the property, is the Anchor Bay Campground, a privately-owned campground located on the ocean and brings year-round traffic to the Village. Gross Annual Income: $121,295 (one vacant unit; rental upside).
Location
State CA
County Mendocino
Interior
Heating Radiant, Propane
Cooling None
Fireplace No
Building
Water Public
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