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Listed by Sarah Schoeneman • Mendo Sotheby's International Realty
$ 1,785,000
Est. payment /mo
New
35500 S Highway 1 #07, 22 Gualala, CA 95445
14,652 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,652 sqft
Price per Sqft $121
MLS Listing ID 326046389
HOA Y/N Yes
Year Built 1956
Lot Size 7 Sqft
Property Sub-Type Mixed Use
Property Description
Where the Redwood forests meet the ocean, the iconic Anchor Bay Commercial Village is prominently located on both the East and West sides of Highway 1. The offering comprises three parcels: two established commercial assets and one vacant oceanfront development site. Anchor Bay East includes seven units with a strong occupancy history and a balanced mix of retail, office, restaurant, and an organic-based market as its anchor tenant. Anchor Bay West includes seven units with service, office, together with the 'Wash House' laundromat business, the only laundromat on the Southern Mendocino Coast. The offering also includes a 1.7-acre oceanfront parcel with Coastal Commercial zoning allowing a broad range of commercial, residential, civic, and hospitality uses. Set above Anchor Bay Beach in the Mendocino Coast's Banana Belt microclimate, the property offers a rare combination of coastal presence, tenant diversity, and long-term development optionality in a highly visible Highway 1 location. A stable mix of businesses serves both local residents and year-round visitors. Adjacent to the privately owned Anchor Bay Campground, the property benefits from additional traffic and visibility. Current annual income is $215,640, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.
Location
State CA
County Mendocino
Area Gualala
Zoning Coastal Commercial
Interior
Heating Radiant Floor, Varies by Unit
Flooring Varies by Unit
Exterior
Garage Spaces 27.0
Utilities Available Above Ground
Roof Type Flat,Other
Building
Lot Description Low Maintenance
Story 1
Foundation Slab
Sewer Septic System
Water Water District
Level or Stories 1
Others
Special Listing Condition Trust
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