Search
Mixed-Use Property With Apartments
For Sale
$1,595,000

1358 Lincoln Ave, Calistoga, CA 94515

Two ground-floor commercial suites are paired with fully equipped residential apartments above.

Property Size3,600 SF
Days on Market48

Property Features for 1358 Lincoln Ave

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial

Additional Details

Multifamily Units 2

Building Details

Building Size 3,600 SF
Stories 2
Tenancy Multi
Listing Agency: Vintage Sotheby's International Realty
Listed By: Jeff Veness · License #01486001
Source: Elliman
Added: Sep 2 Changed: Oct 11 Last Checked: Oct 19 at 8:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vintage Sotheby's International Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,600-square-foot mixed-use property combines commercial and residential components within a two-level configuration. The ground floor contains two separate commercial spaces, currently occupied by a nail salon and a boutique. Two fully equipped apartments are located on the upper level, creating a distinct combination of retail and residential occupancy.

The property is located at 1358 Lincoln in Calistoga, CA 94515. Both commercial occupants have expressed interest in continuing their leases, and one residential tenant has indicated interest in remaining. The existing layout provides two commercial suites and two apartments within a single asset.

Key Highlights

  • 3,600‑square‑foot mixed‑use property at 1358 Lincoln, Calistoga, CA 94515
  • Two ground‑floor commercial spaces currently occupied by a nail salon and boutique
  • Two fully equipped residential apartments on the upper level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,437
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,740 $1.1M
Cap Rate 7%
$820,529 $820.5K
Cap Rate 9%
$638,189 $638.2K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$110.2K $30.60/SF
− Vacancy
−$5.7K −$1.59/SF
EGI
$104.4K $29.01/SF
− OpEx
−$47.0K −$13.05/SF
NOI
$57.4K $15.95/SF
Area
Napa County, CA
Vacancy
5.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,740
Cap Rate 7%
$820,529
Cap Rate 9%
$638,189

Alternative Uses

Best Use
Apartment 5plus
$820.5K
$718.0K – $957.3K (±1% cap)
NOI $57,437 @ 7.0% cap · market cap 3.60%
Second Best
Retail
$731.3K
$639.9K – $853.2K (±1% cap)
NOI $51,189 @ 7.0% cap · market cap 3.21%
Theoretical Best
Specialty Retail
$7.26M
$6.36M – $8.48M (±1% cap)
NOI $508,524 @ 7.0% cap · market cap 31.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

F.A.R nails Nail Salon

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

Demographics for 94515, CA

6,834
Population
3,214
Households
2.1
Avg Household Size
48
Median Age
36%
College-Educated
79%
High-School Grad
115.5 sq mi
ZIP Area
59
Density / Sq Mi
$97,202
Median Household Income
$50,189
Median Earnings
$1,830
Median Rent
$830,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor commercial suites are paired with fully equipped residential apartments above.
Where is this mixed-use property located?
The property is located at 1358 Lincoln Ave Calistoga, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 3,600‑square‑foot mixed‑use property at 1358 Lincoln, Calistoga, CA 94515; Two ground‑floor commercial spaces currently occupied by a nail salon and boutique; Two fully equipped residential apartments on the upper level
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again