35507 S Highway 1 - Storefront Retail/Office FOR SALE


Gualala, CA 95445
$1,785,000 USD
707-489-7027
35507 S Highway 1, Gualala, CA for Sale
$1,785,000 USD
Storefront Retail/Office - FOR SALE
1/49
null | Request Cap Rate

35507 S Highway 1
Gualala, CA 95445


HIGHLIGHTS

  • Three-parcel coastal opportunity featuring two operating commercial properties and a 1.7-acre oceanfront development site
  • Diversified tenancy across retail, office, restaurant, grocery, and service uses, including the only laundromat on the Southern Mendocino Coast
  • Prominent Highway 1 frontage above Anchor Bay Beach in the Mendocino Coast’s sought-after Banana Belt microclimate

OVERVIEW

Where the Redwood forests meet the ocean, the iconic Anchor Bay Commercial Village is prominently located on both the East and West sides of Highway 1. The offering comprises three parcels: two established commercial assets and one vacant oceanfront development site. Anchor Bay East includes seven units with a strong occupancy history and a balanced mix of retail, office, restaurant, and an organic-based market as its anchor tenant. Anchor Bay West includes seven units with service, office, together with the 'Wash House' laundromat business, the only laundromat on the Southern Mendocino Coast. The offering also includes a 1.7-acre oceanfront parcel with Coastal Commercial zoning allowing a broad range of commercial, residential, civic, and hospitality uses. Set above Anchor Bay Beach in the Mendocino Coast's Banana Belt microclimate, the property offers a rare combination of coastal presence, tenant diversity, and long-term development optionality in a highly visible Highway 1 location. A stable mix of businesses serves both local residents and year-round visitors. Adjacent to the privately owned Anchor Bay Campground, the property benefits from additional traffic and visibility. Current annual income is $209,051, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.

FOR SALE DETAILS

PRICE

$1,785,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Supermarket, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C

APN/PARCEL ID

144-034-27-00

ASK ABOUT THIS PROPERTY

Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

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Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.