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1519 Main St 5,134 SF 100% Leased Retail Building Napa, CA 94559 $2,261,176 CAD ($440.43 CAD/SF) 5.56% Cap Rate
Investment Highlights
- Amazing Downtown Location
- Stable Retail Tenant
- Lease Up Opportunity
- Parking in Rear
Executive Summary
This opportunity located on the north fringe of the bustling downtown Napa Center is prime for the next steward. Main Street facing retail.
Three of the apartments are vacant and ready for your own personal touches. Could be employee housing, your own weekend pied-et-terre.
One of the store fronts is available to position as an owner/user opportunity or additional income stream.
Three-car carport with additional storage area in the back of the property provides for other tenant or personal uses.
Easy to show. NOI based on pro forma numbers.
Three of the apartments are vacant and ready for your own personal touches. Could be employee housing, your own weekend pied-et-terre.
One of the store fronts is available to position as an owner/user opportunity or additional income stream.
Three-car carport with additional storage area in the back of the property provides for other tenant or personal uses.
Easy to show. NOI based on pro forma numbers.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
5,134 SF
Building Class
C
Year Built
1950
Price
$2,261,176 CAD
Price Per SF
$440.43 CAD
Cap Rate
5.56%
NOI
$125,804 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.17 AC
Zoning
RT 5 - Traditional Residential Infill
Parking
4 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
49’ on Main St
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 003-104-005 | Improvements Assessment | $358,679 CAD |
| Land Assessment | $150,966 CAD | Total Assessment | $509,644 CAD |
Property Taxes
Parcel Number
003-104-005
Land Assessment
$150,966 CAD
Improvements Assessment
$358,679 CAD
Total Assessment
$509,644 CAD
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1519 Main St
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