26955 Ca-1Tomales, CA 94971

  • Hospitality properties
  • 1 SF
For Sale
$2,400,000 View listing

Property Details for 26955 Ca-1

Property size (Sq ft)
1 SF
Property type
Hospitality properties
Property subtype
Other retail properties

Description

This exceptional hospitality property, located at 26955 CA-1 in Tomales, California (zip code 94971), presents a lucrative investment opportunity. Priced at $2,400,000, this established business boasts a strong 6.31% cap rate and a net operating income (NOI) of $167,153. The property features a long mahogany bar, a fully equipped restaurant, and a spacious dining area complemented by an inviting outdoor patio. Adding to its versatility, the property includes short-term rental rooms, providing diverse revenue streams. Ample parking is available for patrons and guests. A significant advantage is the inclusion of a Type 48 liquor license, already in place and transferable with the sale. This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on the thriving hospitality market in Marin County. The property's prime location in Tomales, CA, ensures high visibility and accessibility. This is a rare chance to acquire a well-established and profitable business with significant growth potential. The square footage is currently under review and will be updated shortly.

26955 Ca-1, Tomales, California

Location Insight

City
Tomales
County
Marin
State
California
Latitude
38.2459
Longitude
-122.905

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