35507 South Highway 1 Active

Gualala,CA 95445

$ 1300000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID C1-10942

Year Built 1956

Lot Size 0.538 Acres

Property Sub-Type Mixed Use

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

Area Scg - South Coast - Gualala

Zoning C - Coastal Commercial

Interior

Heating Radiant

Cooling None

Laundry None

Exterior

Utilities Available Propane,Sewer Connected,Electricity Connected,Phone Connected

Building

Lot Description Sprinklers None

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