Shoreline Village | 18200 N Highway 1
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Shoreline Village 18200 N Highway 1
3,027 SF 100% Leased Office Building Fort Bragg, CA 95437 $921,355 CAD ($304 CAD/SF)
Investment Highlights
- Highway One Frontage
- Extra Land for Potential Further Development
- Across Highway from Botanical Gardens
Executive Summary
Well-located commercial center across the street from the Botanical Gardens, with ample off-street parking. Two buildings are fully rented, with multiple long-tenured tenants, and a third building is vacant and ready for buyer or new tenant. Includes one residential 2bd/1.5bth apartment. Property is comprised of the entire island between Old Coast Highway and Highway One, with ample acreage for further development. Current gross rents: $62,640. Projected gross rents at full capacity: $86,640. Property management an option.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,027 SF
Building Class
C
Year Built
1965
Price
$921,355 CAD
Price Per SF
$304 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.04
Lot Size
1.72 AC
Zoning
C - Commercial
Parking
20 Spaces (6.61 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $569,511 CAD | |
Land Assessment | $359,687 CAD | Total Assessment | $929,199 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$359,687 CAD
Improvements Assessment
$569,511 CAD
Total Assessment
$929,199 CAD
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Shoreline Village | 18200 N Highway 1
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