RARE DOWNTOWN SARATOGA RETAIL & RESIDENTIAL | 14527-14529 Big Basin Way
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RARE DOWNTOWN SARATOGA RETAIL & RESIDENTIAL 14527-14529 Big Basin Way
2,246 SF Vacant Retail Building Saratoga, CA 95070 $2,695,000 ($1,199.91/SF)
INVESTMENT HIGHLIGHTS
- Rare 2,246 SF Retail + Residential Building For Sale in Downtown Saratoga
- Owner User/Live Work Opportunity - Both Units Are Currently Vacant
- Located on Big Basin Way in Downtown Saratoga, 1 Parcel Away from the Corner of 4th Street.
- 1,626 SF Storefront Retail Unit + a 620 SF Residential Studio
- Retail Unit is Currently an Upscale Wine Bar with Very Upscale Improvements
- Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga
EXECUTIVE SUMMARY
- Rare 2,246 SF Retail + Residential Building For Sale in Downtown Saratoga.
- The Property has a 1,626 SF Storefront Retail Unit which has Two Separate Entrances and can be Divided to 2 Separate Units and a 620 SF Residential Studio in the Rear with a Separate Entrance.
- The Retail Unit is Currently Occupied by the Owners as an Upscale Wine Bar called Fine Wines and they will Vacate at Close of Escrow Allowing an Owner User to Occupy the Unit Immediately.
- The 620 SF Residential Studio is Currently Vacant, Allowing for a Live Work Opportunity to Run a Business in the Retail Unit and Live in the Residential Studio.
- Excellent Condition Building with New Renovations.
- Located on Big Basin Way in Downtown Saratoga, 1 Parcel Away from the Corner of 4th Street.
- Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga.
- Located in the CH-1 (Commercial Historic – 1) Zoning Designation.
- The Property has a 1,626 SF Storefront Retail Unit which has Two Separate Entrances and can be Divided to 2 Separate Units and a 620 SF Residential Studio in the Rear with a Separate Entrance.
- The Retail Unit is Currently Occupied by the Owners as an Upscale Wine Bar called Fine Wines and they will Vacate at Close of Escrow Allowing an Owner User to Occupy the Unit Immediately.
- The 620 SF Residential Studio is Currently Vacant, Allowing for a Live Work Opportunity to Run a Business in the Retail Unit and Live in the Residential Studio.
- Excellent Condition Building with New Renovations.
- Located on Big Basin Way in Downtown Saratoga, 1 Parcel Away from the Corner of 4th Street.
- Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga.
- Located in the CH-1 (Commercial Historic – 1) Zoning Designation.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,246 SF
Building Class
C
Year Built
1953
Price
$2,695,000
Price Per SF
$1,199.91
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.09 AC
Zoning
CH-1 - Commercial Historic-1
Frontage
36’ on Big Basin Way
AMENITIES
- Signage
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 503-24-029 | Improvements Assessment | $719,971 |
| Land Assessment | $503,029 | Total Assessment | $1,223,000 |
PROPERTY TAXES
Parcel Number
503-24-029
Land Assessment
$503,029
Improvements Assessment
$719,971
Total Assessment
$1,223,000
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RARE DOWNTOWN SARATOGA RETAIL & RESIDENTIAL | 14527-14529 Big Basin Way
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