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    26955 State Rte Tomales, CA 94971

    For Sale
    $2,295,000

    Charming Restaurant & Inn, 0.38 Acres

    Property size:
    6,686 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    The William Tell House, established in 1877, presents a unique investment opportunity in the heart of Tomales, California. This historic landmark, Marin County's oldest saloon, boasts 6,686 square feet on a 0.38-acre lot and has served as a beloved community gathering place for over a century. Most recently operating as a full-service restaurant and bar, the property offers a turnkey business with a menu inspired by Northern California's culinary bounty. The interior blends rustic charm with modern updates, creating a warm and inviting atmosphere perfect for dining and socializing. An adjacent outdoor patio provides additional space for events and gatherings. Adding to its appeal, the upper floor includes an owner's residence currently licensed for four self-service short-term rental rooms, offering convenient lodging for visitors exploring nearby attractions such as Point Reyes National Seashore, Dillon Beach, and the Sonoma Coast. This established business benefits from a Type 47 license. The property's size and existing infrastructure offer potential for expansion, allowing a new owner to further develop its offerings and capitalize on its prime location and rich history. This is a rare chance to acquire a piece of California history with significant income potential.

    Property Features for 26955 State Rte

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,686 SF
    Lot Size
    16,553 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Tomales
    County
    Marin
    State
    California
    Longitude
    -122.905
    Latitude
    38.24567

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Charming Restaurant & Inn, 0.38 Acres
    Where is this mixed-use property located?
    The property is located at 26955 State Rte Tomales, CA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    (415) 781-7700
    Request Owner's contact information
    26955 State Rte Tomales, CA 94971
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    Tomales, CA 94971
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26955 State Rte Tomales, CA 94971
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