119 Main StSebastopol, CA 95472

Property Details for 119 Main St

Year built

1923

Construction

TILT-UP CONCRETE

Lot size

0.10 AC

Property size (Sq ft)

3,268 SF

Property type

Turn key restaurants

APN

004-054-018-000

APU

4054018000

Description

This exceptional retail property at 119 S Main Street, Sebastopol, CA, presents a rare opportunity to acquire a piece of Sebastopol's rich history. Originally built in 1923 and recently remodeled in 2023, this building currently houses the popular Goldfinch Restaurant, ensuring a steady income stream. The 0.09-acre lot is ideally situated on bustling Main Street, providing unparalleled visibility and accessibility within Sebastopol's thriving downtown core. The property benefits from high foot traffic generated by both local residents and tourists drawn to the area's unique charm, including nearby boutiques, cafes, and the weekly Farmer's Market. The building's design seamlessly blends its historic character with contemporary upgrades implemented for the current tenant, creating a space that is both attractive and functional. This property offers significant potential for investors seeking a stable, income-producing asset in a desirable location, or for those looking to own a unique piece of Sebastopol's vibrant community. Its established presence and prime location make it a cornerstone of the town's downtown area, offering unmatched potential for future growth and success. The property's blend of historical significance and modern amenities makes it a truly exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,317,966

  6.5%

  $1,216,584

  7%

  $1,129,686

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,511,158

  Geo Method

  $2,072,833

• Alternative Use

  Use

  Valuation

  Residential

  $1,026,234

  Hospitality

  $940,025

  Educational

  $782,090

  Medical

  $808,987

  Retail

  $1,216,584

Location Insight

City

Sebastopol

County

Sonoma

State

California

Latitude

38.4019

Longitude

-122.824

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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