Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sonoma Restaurant & Events Venue Title is generated by Realmo AI

    241 1st Street West Sonoma CA USA, Sonoma, CA 95476

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Charming restaurant and events venue in Sonoma, California.

    Type:Hospitality, Retail
    Added:
    Jan 24, 2026
    Days on Market:
    115
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 241 1st Street West Sonoma CA USA

    General Information

    Standard status
    Active
    Property subtype
    Hospitality, Retail

    We can help!

    Listing Contact
    Alex Lee-Bull

    Listing agent Alex Lee-Bull License #02114476

    Listing office CBRE - San Francisco

    Listing date Jan 24, 2026

    Source Crexi

    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 CBRE - San Francisco

    HighLights

    • Charming restaurant and events venue.
    • Located in Sonoma, California.
    • Opportunity to acquire a restaurant and events venue.
    • Court‑supervised sale.
    • Subject to court approval.
    • Sale procedures information is available.

    Overview

    The Depot Sonoma, a restaurant and events venue in Sonoma, California, is available for acquisition. This sale is court-supervised and subject to court approval prior to closing. Sale procedures information is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Chef Carlo Cavallo Catering — 400 1st St E, Sonoma, CA 95476
    • Delhi Belly Indian Bistro — 522 Broadway, Sonoma, CA 95476
    • Cafe Apae — 617 Broadway, Sonoma, CA 95476

    Location Insight

    • Map
    • Local Demand
    City
    Sonoma
    County
    Sonoma
    State
    California
    Longitude
    -122.4583436
    Latitude
    38.2966838

    Nearby Similar for Sale

    • $865,000
      1,695 SF

      Sonoma Highway Office with Live/Work

      Office building with live/work potential, great visibility, high traffic.
      17977 Sonoma Highway, Sonoma, CA 95476
      View Details
    • $720,000
      1,934 SF

      Sonoma Retail/Commercial Property For Sale

      Single-story retail/commercial property in the heart of Sonoma.
      921 Broadway, Sonoma, CA 95476
      View Details
    • $3,610,000
      14,746 SF

      Sonoma Mixed-Use Investment Opportunity

      Two mixed-use buildings in Sonoma with value-add potential.
      645 Broadway, Sonoma, CA 95476
      View Details
    • $1,015,000
      3,565 SF

      Sonoma Office Building For Sale

      Two-story office building with flexible use options.
      454 W Napa St, Sonoma, CA 95476
      View Details
    • $1,900,000
      7,289 SF

      Sonoma Office Building For Sale

      Medical office building in Sonoma with ample parking.
      1151 Broadway, Sonoma, CA 95476
      View Details
    • $1,400,000
      4,020 SF

      Sonoma Boutique Office Building

      High-quality, two-story office building in Wine Country location.
      635 Broadway, Sonoma, CA 95476
      View Details
    • $2,100,000
      9,265 SF

      Prime Retail Asset in Sonoma

      Retail property near Fairmont Sonoma Mission Inn & Spa.
      22 Boyes, Sonoma, CA 95476
      View Details
    • $650,000
      2,840 SF

      Sonoma Highway Retail Property

      Two-unit retail property with highway frontage in Sonoma, CA.
      18332 Sonoma, Sonoma, CA 95476
      View Details
    • $2,200,000
      3,376 SF

      Sonoma Mixed-Use Investment Opportunity

      Mixed-use property with bed and breakfast and retail space.
      681 Broadway, Sonoma, CA 95476
      View Details
    • $1,195,000
      1,333 SF

      Sonoma Office with Development Upside

      Turnkey office property near Sonoma Plaza with expansion potential.
      369 W Napa, Sonoma, CA 95476
      View Details
    • Contact for pricing
      9,572 SF

      Sonoma Investment Opportunity

      Single-tenant property with below-market lease and potential for increased value.
      525 W Napa St, Sonoma, CA 95476
      View Details
    • $550,000
      833 SF

      Sonoma Office Condo For Sale

      Ground level office condo near Sonoma Plaza with private bathroom.
      1254 Broadway #C, Sonoma, CA 95476
      View Details

    FAQs

    What type of property is this?
    Restaurant - Charming restaurant and events venue in Sonoma, California.
    Where is this restaurant located?
    The property is located at 241 1st Street West Sonoma CA USA Sonoma, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Charming restaurant and events venue.; Located in Sonoma, California.; Opportunity to acquire a restaurant and events venue.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alex Lee-Bull
    Real Estate License ID: 02114476
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    241 1st Street West, Sonoma, CA, USA, Sonoma, CA 95476
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!