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Active 0 days on market

07-35500 S Highway 1

Gualala, CA 95445

$1,785,000

07-35500 S Highway 1
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+39 more
Beds
Baths
Sq Ft
1956Built

About This Home

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 $209,051, with near-term upside through the lease-up of three vacant units, offering immediate cash flow.

Property Details

Property TypeMixedUse
Year Built1956
Parking Total0
HeatingPropane,Radiant
CoolingNone
PoolNo
MLS #1169948231
Days on Market0 days

Location

Listed by

Sarah Schoeneman

Mendo Sotheby's International Realty

MLS# cmsschoeneman

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.