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Listed by Sarah J. Schoeneman • Mendo Sotheby's International Realty
$ 1,300,000
Est. payment /mo
Active
35507 South Highway 1 Gualala, CA 95445
0.54 Acres Lot
UPDATED:
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