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The Old Western Saloon 11201 CA-1

6,341 SF 56% Leased Retail Building Point Reyes Station, CA 94956 $2,089,000 ($329/SF)

Investment Highlights

  • Includes the real property and anchor business, The Old Western Saloon with a Type-48 full liquor license.
  • Best location in town.
  • Many recent upgrades.
  • 85% occupied by various office users.

Executive Summary

Iconic property For Sale. Two story Mix-Use commercial building. The first floor is occupied by The Old Western Saloon and two retail tenants. The second floor has 10 small units and is 85% occupied by various office users. There is a full basement and an additional storage room adjacent to the pool room. With 3-4 parking spaces in the back and a large backyard with outdoor seating potential, this is an ideal opportunity or an Owner User. Note: In addition to the property, The Old Western Saloon is being sold as a Business Opportunity (BizBuySell #2088374). At this time, the seller will only consider buyers interested in purchasing both the real property and the business opportunity. For more information and a link to the non-disclosure agreement email Ryn Longmaid, DRE#01450190 at ryn@longmaid.com.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,341 SF
Building Class
C
Year Built
1907
Price
$2,089,000
Price Per SF
$329
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.78
Land Acres
0.19 AC
Zoning
C-VCR-B 2 - The property is zoned Neighborhood Commercial/Mixed Use and Village Commercial Residential.
Parking
4 Spaces (0.63 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Restaurant
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119-226-06
Land Assessment
$581,400
Improvements Assessment
$1,152,600
Total Assessment
$1,734,000
  • Listing ID: 28103433

  • Date on Market: 3/30/2023

  • Last Updated:

  • Address: 11201 CA-1, Point Reyes Station, CA 94956

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