1241 Grove StHealdsburg, CA 95448

Property Details for 1241 Grove St

Year built

1955

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

1,695 SF

Property type

Office properties

Property subtype

Office buildings

APN

089-081-026-000

APU

89081026000

Description

This well-maintained mixed-use building at 1241 Grove Street, Healdsburg, CA, presents a unique investment opportunity. The 0.32-acre property, conveniently located just south of the intersection of Dry Creek Road and Grove Street, offers easy access to Highway 101. Originally converted to office space in 2008, the building boasts 13 onsite parking spaces and an ADA-compliant ramp, ensuring accessibility for all. The property features central HVAC for climate control and includes additional outbuildings, expanding its potential uses. The Dry Creek Inn is directly adjacent to the north property line. The asking price is $1,400,000, and owner financing may be available. A lease with an option to buy may also be considered, making this an attractive proposition for both investors and owner-users seeking a strategic location in the thriving Healdsburg market. The property's prime location and versatile features make it an ideal investment for a variety of businesses. Its proximity to Highway 101 ensures excellent connectivity and accessibility for employees and clients alike. The ample parking and ADA compliance further enhance its appeal. Consider the possibilities this exceptional Healdsburg property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $465,023

  6.5%

  $429,252

  7%

  $398,591

• Comparable approach

  Method

  Valuation

  Relative Method

  $311,026

  Geo Method

  $242,012

• Alternative Use

  Use

  Valuation

  Residential

  $532,273

  Hospitality

  $487,559

  Educational

  $405,643

  Medical

  $419,594

  Retail

  $631,001

Location Insight

City

Healdsburg

County

Sonoma

State

California

Latitude

38.6247

Longitude

-122.876

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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