1334 Lincoln Avenue, Calistoga, CA
Retail for Sale - $1,900,000 - 10,911 Sq. Ft. on 5662 acres
Property Info
| CIMLS# | 541319 |
| Location 1334 Lincoln Avenue Calistoga CA 94515 | |
| Updated | October 30th, 2012 |
| Type | Retail |
| Price | $1,900,000 |
| Building | 10,911 Sq. Ft. |
| Land | 5662 acres |
Property Description
Beautiful approx. 10,911 RSF mixed-use retail and office building with ground floor retail and second and third floor office building. Constructed in 1910 and renovated in 2006 and in good condition and of good quality construction. The subject is 76% leased to 5 tenants. Only one vacant space remaining so good upside potential for an investor.
Location Description:
The town of Calistoga is located in the upper Napa Valley, 73 miles north of San Francisco and 24 miles east of Healdsburg. Calistoga is a picturesque town in the wine country, noted for its spas, restaurants and local rustic charm. The subject property is located in the prime retail area along the east side of Lincoln Avenue.
Highlights:
>> Unique opportunity to own a free-standing building in Calistoga.
>> ADA compliant building containing new plumbing and electrical.
>> Prime location in the center of Calistoga's retail district.
>> Strong upside potential.
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Financials
Sales Info:
>> Cap rate: 4.54%
>> Commision split: 2.5%
>> NOI: $86207