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    Professional Building Near Hospital Title is generated by Realmo AI

    501 Cypress Street, Fort Bragg, CA 95437

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    For Sale
    $637,000

    Commercial Sale - Fort Bragg, CA

    Property size:
    1,800 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $353/SF
    Added:
    Oct 11, 2024
    Days on Market:
    606
    Last Refresh:
    Jun 8 at 11:06 am

    Property Features for 501 Cypress Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    RVH
    Standard status
    Active
    APN
    0180805400
    Size
    1,800 SF
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1981
    Architectural style
    Other

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    Listing Contact
    Masha Grohman

    Listing agent Masha Grohman License #01958901

    Listing office Gale Beauchamp Realty 345 Cypress Street, Fort Bragg, CA

    Listing date Oct 11, 2024

    MLS# C1-10790 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location adjacent to hospital and medical buildings.
    • Turnkey, two‑story building suitable for professional office or residential use.
    • RVH zoning allows for potential further residential development.
    • Passive solar design with south‑facing windows and vaulted ceiling.
    • Off‑street parking lot included.
    • Newer windows and siding.

    Overview

    This attractive professional building is in pristine condition and situated on a 0.23-acre parcel adjacent to the hospital and medical buildings in Fort Bragg, CA. The property includes a two-story building with a 1200 square foot multi-room office on the first floor, along with an off-street parking lot. The second story features an office with a half bath. The RVH zoning supports residential use and potential further residential development in the open area behind the building. Designed for passive solar advantage, the south-facing windows and vaulted ceiling in the front room create an inviting and practical space. The circular floor plan maximizes the square footage, providing easy access to all rooms. The second-floor unit is also in great condition. Important details include two electric meters, some dental office infrastructure in the sub area from past usage, and newer windows and siding. The property's size is 1800 square feet.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $77.8k $43.20
    − Vacancy −$11.0k −$6.13
    EGI $66.7k $37.07
    − OpEx −$26.7k −$14.83
    NOI $40.0k $22.24
    1,800 SF · lease $43.20/SF/yr · vacancy 14.20% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $571.9K
    $500.4K – $667.2K (±1% cap)
    NOI $40,031 @ 7.0% cap · market cap 6.28%
    Second Best
    Office B
    $373.3K
    $326.6K – $435.5K (±1% cap)
    NOI $26,131 @ 7.0% cap · market cap 4.10%
    Theoretical Best
    Flex RnD
    $673.0K
    $588.8K – $785.1K (±1% cap)
    NOI $47,107 @ 7.0% cap · market cap 7.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Bragg
    County
    Mendocino
    State
    California
    Longitude
    -123.799206
    Latitude
    39.432874

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey office building near hospital with development potential.
    Where is this medical office space located?
    The property is located at 501 Cypress Street Fort Bragg, CA.
    What is the asking price?
    The asking price for this property is $637,000.
    What are key features of this property?
    This property features: Prime location adjacent to hospital and medical buildings.; Turnkey, two‑story building suitable for professional office or residential use.; RVH zoning allows for potential further residential development.
    More about this property
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