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Listed by Sarah Schoeneman Mendo Sotheby's International Realty
$ 1,785,000
Est. payment | /mo
7.73 Acres Lot
$ 1,785,000
Est. payment | /mo
7.73 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326046389
HOA Y/N No
Year Built 1956
Lot Size 7.730 Acres
Acres 7.73
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 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 $215,640, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.
Location
State CA
County Mendocino
Area Gualala
Zoning Coastal Commercial
Interior
Heating Radiant Floor
Exterior
Utilities Available Above Ground
Waterfront Description Water District
Roof Type Flat,Other
Road Frontage Highway
Total Parking Spaces 27
Private Pool No
Building
Lot Description Low Maintenance
Foundation Slab
Sewer Septic Tank
Water Water District
Level or Stories 1
Others
Tax ID 1440342700
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