Downtown Cloverdale Versatile Commercial
For Sale
$599,900
219 S Cloverdale, Cloverdale, CA 95425
Prime downtown location with storefront, office, and storage space.
Property Size4,120 SF
Lot Size0.15 Acres
Price / SF$145.61
Days on Market236
Property Features for 219 S Cloverdale
General Information
Standard status
Active
Size
4,120 SF
Lot size
0.15 Acres
Property subtype
Commercial
Amenities
Sidewalk
Concrete Slab Flooring
Building Details
Year Built
1982
Listing Agency:
WINE COUNTRY REAL ESTATE NETWORK
3219601
Listed By:
SHALIA VANDERWEKEN
Source:
Corcoran
Added: Dec 29, 2025
Changed: Aug 22
Last Checked: Aug 22 at 7:28AM
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 WINE COUNTRY REAL ESTATE NETWORK
Investment Insights
Based on property information with market context.
This commercial property offers over 4,000 sq. ft. of versatile space in downtown Cloverdale. The property features a prominent storefront, private office space, and a convenient storage area at the rear. It is located on Cloverdale Boulevard, steps from local restaurants, shops, and the city plaza. The location provides easy freeway access. The property is positioned for business and community engagement, and is located in proximity to year-round events such as Wine Walks, Friday Night Live, the Farmers Market, and Art Alliance gatherings. This property presents an opportunity to establish a presence in Sonoma County.
Key Highlights
- Prime downtown Cloverdale location on Cloverdale Boulevard
- Over 4,000 sq. ft. of versatile space
- Prominent storefront
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,616
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$752,320
$752.3K
Cap Rate 7%
$537,371
$537.4K
Cap Rate 9%
$417,956
$418.0K
Market Conditions
NOI Build-Up for 4,120 SF
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.
Gross rent
$57.8K $14.04/SF
− Vacancy
−$4.1K −$1.00/SF
EGI
$53.7K $13.04/SF
− OpEx
−$16.1K −$3.91/SF
NOI
$37.6K $9.13/SF
Area
Sonoma County, CA
Vacancy
7.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$752,320
Cap Rate 7%
$537,371
Cap Rate 9%
$417,956
Alternative Uses
Best Use
Retail
$537.4K
$470.2K – $626.9K
NOI $37,616 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$976.9K – $1.30M
NOI $78,150 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
Dollar General
Shops & Services
7,286 visits/mo
0.4 miles
West Coast Sourdough
Dining
3,185 visits/mo
0.2 miles
Chase Bank
Shops & Services
1,834 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,177 visits/mo
0.0 miles
Demographics for 95425, CA
11,252
Population
4,600
Households
2.4
Avg Household Size
44
Median Age
32%
College-Educated
84%
High-School Grad
191.8 sq mi
ZIP Area
59
Density / Sq Mi
$107,281
Median Household Income
$52,487
Median Earnings
$1,307
Median Rent
$647,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Prime downtown location with storefront, office, and storage space.
Where is this storefront property located?
The property is located at 219 S Cloverdale Cloverdale, CA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Prime downtown Cloverdale location on Cloverdale Boulevard; Over 4,000 sq. ft. of versatile space; Prominent storefront
