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The Elk Store 6101 S Highway 1

1,948 SF Retail Building Elk, CA 95432 $1,382,033 CAD ($709 CAD/SF)

Investment Highlights

  • Mixed Use. Residential unit behind the store is a 1978 Manufactured home on a permanent foundation.
  • Popular destination business.
  • Financials available upon receipt of signed NDA agreement and proof of funds or pre-approval.

Executive Summary

The beloved Elk Store has become a favorite gathering place for locals and visitors alike, drawing thousands annually. Established in 1927, this iconic establishment offers an elevated selection of local wines, craft beers, hand-made deli sandwiches, and grocery essentials. Patrons also delight in locally made baked goods, artisan soaps and ceramics, making it a must-stop along the picturesque coast highway. The shelves are filled with carefully curated treasures for culinary adventurers. Stepping inside, visitors are transported by original rustic floors and vintage coolers, evoking a quaint and timeless ambiance. Located in the charming seaside village of Elk, directly across from a large parking area with an EV charging station, the store is adjacent to the pathway down to scenic Greenwood State Beach. Elk has enjoyed significant revitalization in the last few years, featuring a two-Michelin Star restaurant, boutique luxury accommodations, breathtaking wedding venues and charming shops. This turnkey operation includes inventory, equipment, type 20 liquor license, and a separate home behind the store ideal for employee housing, rental income, or a live-work arrangement for a new owner. The Elk Store's stellar reputation offers the kind of intangible value that comes with the enthusiastic support of the local community, loyal customer base, and steady stream of tourists. Situated amidst the picturesque coastal highway, redwood forests, and vineyards along Highway 128, this is a rare opportunity to acquire not just a store, but a cherished destination, and hub of the local community.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,948 SF
Building Class
C
Year Built/Renovated
1925/1927
Price
$1,382,033 CAD
Price Per SF
$709 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.28 AC
Zoning
RV

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
127-231-03-00
Land Assessment
$470,620 CAD
Improvements Assessment
$199,306 CAD
Total Assessment
$669,926 CAD
  • Listing ID: 32543278

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: 6101 S Highway 1, Elk, CA 95432

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