Log In/Sign Up
Your email has been sent.
35507 S Highway 1 10,699 SF 100% Leased Retail Building Gualala, CA 95445 $2,459,980 CAD ($229.93 CAD/SF)
Investment Highlights
- Three-parcel coastal opportunity featuring two operating commercial properties and a 1.7-acre oceanfront development site
- Prominent Highway 1 frontage above Anchor Bay Beach in the Mendocino Coast’s sought-after Banana Belt microclimate
- Diversified tenancy across retail, office, restaurant, grocery, and service uses, including the only laundromat on the Southern Mendocino Coast
Executive Summary
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 $209,051, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.
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 $209,051, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
10,699 SF
Building Class
C
Year Built
1956
Price
$2,459,980 CAD
Price Per SF
$229.93 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.51 AC
Zoning
C - Coastal Commercial
Frontage
220’ on California 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 144-034-27-00 | Improvements Assessment | $630,834 CAD |
| Land Assessment | $102,931 CAD | Total Assessment | $733,764 CAD |
Property Taxes
Parcel Number
144-034-27-00
Land Assessment
$102,931 CAD
Improvements Assessment
$630,834 CAD
Total Assessment
$733,764 CAD
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
35507 S Highway 1
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.