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    476 Main St Murphys, CA 95247

    For Sale
    $1,189,000

    Prime Murphys location, four units, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property in the heart of Murphys, CA presents a lucrative investment opportunity. Situated on a 0.32-acre lot in the bustling tourist district of downtown Murphys, this offering comprises two separate buildings totaling four units. The main building, located directly on Main Street, features two street-level retail spaces. One unit is currently occupied by a thriving wine/beer tasting room under a long-term lease, providing immediate income. The adjacent unit will be delivered vacant at the close of escrow, allowing for immediate customization and leasing to a tenant of your choice. Above the retail spaces is a spacious two-bedroom, one-bathroom apartment with a den, currently occupied by a month-to-month tenant. This building's corner location ensures exceptional visibility and places it amongst other historic properties in this highly sought-after wine region of the Sierra Nevada Foothills. A separate, freestanding building, currently used as a yoga studio, adds further versatility to this property. Ample parking is available in a large, gravel-paved lot accommodating five vehicles. The adjacent side yard is currently utilized by the wine tasting room for outdoor seating, enhancing its appeal. This property offers a unique blend of income-generating retail spaces, residential rental potential, and a flexible additional building, all within a charming Gold Rush-era town nestled between Lake Tahoe and Yosemite National Forest. The property is priced at $1,189,000.

    Property Features for 476 Main St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1856
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Murphys
    County
    Calaveras
    State
    California
    Longitude
    -120.4655
    Latitude
    38.13788

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Murphys location, four units, high visibility.
    Where is this mixed-use property located?
    The property is located at 476 Main St Murphys, CA.
    What is the asking price?
    The asking price for this property is $1,189,000.
    (310) 275-1000
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    476 Main St Murphys, CA 95247
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    Murphys, CA 95247
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    476 Main St Murphys, CA 95247
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