18781 N Highway 1, Fort Bragg, CA, CA 95437
- $949,000
- List Price
- $949,000
- Status
- ACTIVE
- MLS#
- C1-11549
- County
- Mendocino
- Year Built
- 1952
- Square Feet
- 115,129
- Days on Market
- 28
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Not Applicable
Property Description
With four residential units and a commercial shop, this property offers solid income. Units 1 and 2 form a duplex, with two bedrooms and one bathroom each. Unit 3 is a one-bedroom, one-bathroom cottage, and Unit 4 is a studio. The commercial building includes an office, a storage room, and three workshop spaces.The land is approximately 2.64 acres and stretches back from the road. Highway 1 frontage gives the commercial space strong visibility from both directions. Turnoff access is smooth, with pavement extending nearly the full length of the lot, and a center lane makes it easy for southbound traffic to turn in. The large paved area could park dozens of cars, display inventory such as model units, or host sales events.Residents have beach access across the road and are close to the Boat Yard Shopping Center and town. Possible new uses include self-storage units, boat and RV parking, a display site for tiny homes, container offices, greenhouses, or a building or landscaping supply yard. Housing could also be expanded as an inn or campground. Buyer to verify the permissibility of any desired use with the county. This coastal property comes with excellent income already in place, and room to shape a new vision for the future.
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Additional Information
- Parcel Number
- 0181904100
- Gross Scheduled Income
- $90,600
- Operating Expense
- 14505
- Net Operating Income
- $76,095
- Number of Buildings
- 5
- Lot Features
- Sprinklers None
- Appliances
- Electric Range, Refrigerator
- Heat
- Electric
- View
- None
- Garage Spaces Total
- 4
- Sewer
- Septic Tank
- Water
- Well
- Community Features
- Biking, Dog Park, Fishing, Hiking, Horse Trails, Stable(s), Preserve/Public Land, Rural
Listing courtesy of Listing Agent: Mackenzie Rain (mrain@mackenzierain.com) from Listing Office: Mendo Sotheby's International Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.