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350 Main St 1,668 SF 100% Leased Retail Building Murphys, CA 95247 $2,722,044 CAD ($1,631.92 CAD/SF)



INVESTMENT HIGHLIGHTS
- Prime Main Street Frontage
- Established Tenants - Tasting room and Pour House
- .61 Commercial Acres With Expansion Plans
- Albert Michelsons (Nobel Peace Prize Winner in 1907) childhood home
- Heavy Tourist Location
EXECUTIVE SUMMARY
Offered for sale is a prime commercial property located at 350 Main Street in the heart of historic downtown Murphys, CA. Positioned on a bustling corner lot with premium Main Street frontage, this property offers immediate income from two established tenants and significant opportunity to expand and increase long-term returns. The main building includes a popular tasting room, restaurant, and storage area, along with indoor and outdoor seating that enhances customer experience and visibility. The property includes two restrooms one shared and one private for customer use and three dedicated parking spaces in the rear for tenant use. This offering includes significant value-add potential through future development of currently unused or underutilized areas: Corner Addition (Planned): 1,142 SqFt - rough plans available; can be constructed to generate new lease income Barn Renovation: 954 SqFt - currently used as storage; could be converted to income-producing commercial space Barn Expansion: 746 SqFt - additional storage space with potential for future buildout These expansion opportunities position the property for increased revenue and ROI over time, with flexible zoning that accommodates a wide range of commercial uses. Murphys is a premier tourism and wine destination in California's Sierra Foothills, known for its historic charm, vibrant downtown, and year-round visitor traffic. The property's central location and corner visibility make it ideal for restaurants, tasting rooms, retail, or boutique services. This is a unique opportunity to own a piece of history! Historic Michelson Building, childhood home of famous physicist Albert Michelson. In 1907, Michelson was awarded the Nobel Prize in Physics, becoming the first American Nobel laureate in a science category. He was honored for his precision optical instruments and the spectroscopic and metrological investigations carried out with them, particularly his work on the speed of light.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,668 SF
Building Class
C
Year Built/Renovated
1910/2012
Price
$2,722,044 CAD
Price Per SF
$1,631.92 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.61 AC
Zoning
C1 - C-1 - Commercial
Frontage
500’ on Main Street
AMENITIES
- Corner Lot
- Courtyard
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 068-017-017-000 | Improvements Assessment | $780,851 CAD |
| Land Assessment | $406,613 CAD | Total Assessment | $1,187,464 CAD |
PROPERTY TAXES
Parcel Number
068-017-017-000
Land Assessment
$406,613 CAD
Improvements Assessment
$780,851 CAD
Total Assessment
$1,187,464 CAD
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