This exceptional 0.18-acre retail property, located at 2526 Mankas Corner Road in Fairfield, CA, presents a unique investment opportunity. Priced at $2,899,000, the Mercantile Building boasts a stunning remodeled interior and exterior, making it an ideal space for a variety of retail or office tenants. Its prime location at a highly visible intersection in the heart of Suisun Valley ensures high pedestrian and motor traffic exposure. The property benefits from an established customer base drawn to the neighboring businesses, including a restaurant, wine and beer filling station, antiques/collectibles store, wine tasting room, and interior design/furniture studio. The building's versatility allows for a wide range of potential uses, including a tasting room, boutique hotel, small market, or clothing boutique, among other possibilities. This is a rare chance to acquire a well-established, beautifully remodeled property in a thriving wine country community. The property has been on the market for over a decade, making this a truly exceptional opportunity for the next owner to capitalize on its potential. The building's attractive design and prime location make it a highly desirable asset for any discerning investor seeking a strong return on investment in a vibrant and growing area. The existing infrastructure and established clientele provide a solid foundation for immediate success. Don't miss this chance to own a piece of Suisun Valley's rich history and bright future.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,217,449
6.5%
$1,123,799
7%
$1,043,528
Comparable approach
Method
Valuation
Relative Method
$1,546,592
Geo Method
$876,486
Alternative Use
Use
Valuation
Residential
$947,967
Hospitality
$868,332
Educational
$722,442
Medical
$747,288
Retail
$1,123,799
Location Insight
City
Fairfield
County
Solano
State
California
Latitude
38.2858
Longitude
-122.107
CBSA code
46700
CBSA name
VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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