Highway Frontage Mixed-Use
21298 Calistoga Middletown, CA 95461
21298 Calistoga, Middletown, CA, 95461
$495,000
For Sale
$495,000
Mixed-use building on Highway 29 with 3 rooms, laundry room, stall-shower bath, plus a rented 2-bedroom mobile home.
Property Size2,600 SF
Lot Size0.69 Acres
Price / SF$190.38
Days on Market286
Property Features for 21298 Calistoga
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.69 Acres
- Property subtype
- Mixed Use
Listing agency
Evans Realty
(707) 994-4219
Listed by
Kathryn Evans · License #01516315
Source
Xome
Added: Oct 9, 2025 Updated: Jul 21 at 1:45AM Checked: Jul 21 at 3:53AM
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 Evans Realty
Investment Insights
Based on property information with market context.
Located at 21298 Calistoga in Middletown, this mixed-use property offers a commercial building with 3 rooms, along with a laundry room and a bathroom featuring a stall shower. At the back of the site, there is a 2-bedroom, 2-bath double-wide mobile home that is currently rented.
The property sits on approximately 0.69 acres from street to street and includes convenient parking. Public remarks highlight Highway 29 frontage, positioned on the edge of Middletown, with established trees shading the lot. The site is zoned C-2 and is served by public sewer and public water, as well as a well.
The combination of a small commercial structure and an income-producing residential unit supports a flexible ownership setup at a single address with Highway 29 visibility.
The property sits on approximately 0.69 acres from street to street and includes convenient parking. Public remarks highlight Highway 29 frontage, positioned on the edge of Middletown, with established trees shading the lot. The site is zoned C-2 and is served by public sewer and public water, as well as a well.
The combination of a small commercial structure and an income-producing residential unit supports a flexible ownership setup at a single address with Highway 29 visibility.
Key Highlights
- Commercial mixed‑use building on Hwy 29 with 3 rooms plus a laundry room and a bathroom with a stall shower
- Zoned C2 (C‑2) with public sewer and public water
- Back unit includes a 2‑bedroom, 2‑bath double‑wide mobile home that is currently rented
Local Financial Insights For Mixed Use
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 | $46.8k | $18.00 |
| − Vacancy | −$5.6k | −$2.16 |
| EGI | $41.2k | $15.84 |
| − OpEx | −$15.4k | −$5.94 |
| NOI | $25.7k | $9.90 |
2,600 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$782.1K
$684.4K – $912.5K
NOI $54,748 @ 7.0% cap · market cap 11.06%
Second Best
Mixed Use
$367.7K
$321.8K – $429.0K
NOI $25,740 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.04M
$913.1K – $1.22M
NOI $73,047 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building on Highway 29 with 3 rooms, laundry room, stall-shower bath, plus a rented 2-bedroom mobile home.
Where is this mixed-use property located?
The property is located at 21298 Calistoga Middletown, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Commercial mixed‑use building on Hwy 29 with 3 rooms plus a laundry room and a bathroom with a stall shower; Zoned C2 (C‑2) with public sewer and public water; Back unit includes a 2‑bedroom, 2‑bath double‑wide mobile home that is currently rented
