14421 Big Basin WaySaratoga, CA 95070

Property Details for 14421 Big Basin Way

Year built

1930

Construction

TILT-UP CONCRETE

Lot size

0.04 AC

Property size (Sq ft)

1,918 SF

Zone code

CC

Property type

Retail space

APN

503-24-059

APU

50324059

Description

Exceptional opportunity to acquire a thriving bar located at 14421 Big Basin Way, Saratoga, CA 95070. This 1,918 square foot retail property, built in 1912, boasts a rich history, having served as a bank before its current incarnation as a family-owned and operated Irish pub for over 50 years. The asking price is $1,799,000, translating to $937.96 per square foot. The property sits on a 0.04-acre lot (APN 503-24-059) in the heart of downtown Saratoga, a highly desirable area known for its upscale boutiques, fine dining, and strong sense of community. This prime location offers excellent visibility and high foot traffic. Ample street parking is available, supplemented by a large public parking lot directly behind the building with convenient driveway access. The property's classic façade and well-preserved interior features create a unique and welcoming atmosphere. Previous infrastructure may be available for a kitchen. The occupancy date is October 1, 2024. This is a rare owner-user opportunity to own a piece of Saratoga's history and capitalize on a thriving business in a prime location. Appointments to view the property are required.

• CAP approach

  CAP return

  Valuation

  6%

  $1,422,331

  6.5%

  $1,312,921

  7%

  $1,219,141

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,348,072

  Geo Method

  $1,348,072

• Alternative Use

  Use

  Valuation

  Residential

  $1,107,498

  Hospitality

  $1,014,462

  Educational

  $844,020

  Medical

  $873,048

  Retail

  $1,312,921

Location Insight

City

Saratoga

County

Santa Clara

State

California

Latitude

37.2588

Longitude

-122.033

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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