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Investment Highlights

  • Restaurant
  • Retail
  • Apartments

Executive Summary

A prime commercial location in Garbeville, offering various opportunities. Perfect for a savvy investor looking to earn income, with three leased spots currently occupied - a corner restaurant with sit-down dining. A retail location serving the public. A studio apartment. Additionally, the property features four renovated apartments that only require final touches before they are ready to rent out. There is also one more retail spaces available for tenants, along with storage space and on-site parking. Don't miss out on this opportunity, come and see it today!

Property Facts

Sale Type
Investment
Sale Conditions
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,500 SF
Building Class
C
Year Built
1950
Price
$649,657 CAD
Price Per SF
$51.97 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.82
Lot Size
0.35 AC
Zoning
Commercial - Mixed use
Parking
12 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
115’ on Conger
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Ray's Food Place
Tri Counties Bank
Columbia Bank

Property Taxes

Property Taxes

Parcel Number
032-012-007-000
Land Assessment
$239,483 CAD
Improvements Assessment
$558,794 CAD
Total Assessment
$798,277 CAD
  • Listing ID: 34629392

  • Date on Market: 2025-01-28

  • Last Updated:

  • Address: 722 Locust St, Garberville, CA 95542

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