Commercial Mixed-Use Building in
For Sale
$1,398,000
326 Alta Street, Gonzales, CA 93926
Commercial mixed-use building with restaurant/grocery store and customizable upper level.
Property Size5,125 SF
Price / SF$272.78
Days on Market340
Property Features for 326 Alta Street
General Information
Standard status
Active
Size
5,125 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1913
Listing Agency:
Pinnacles Real Estate Group
Listed By:
Gloria Ledesma · License #01081566
(831) 678-2741
Source:
Exitrealty
Added: Nov 2, 2025
Changed: Oct 6
Last Checked: Oct 5 at 5:25PM
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 Pinnacles Real Estate Group
Investment Insights
Based on property information with market context.
This commercial mixed-use building is located in downtown Gonzales. The property features a restaurant/grocery store with a full commercial kitchen in the front lower portion. The lower level includes two walk-in freezer/refrigerators and a spacious open back area suitable for production or storage, along with two double doors for side access, an elevator, a bathroom, and two prep areas. The upper back portion, accessible via a stairway or elevator, offers another open layout, plus a bathroom and shower, ready to be customized for business or residential use. Buyers should verify city regulations for residential units. This property offers income-producing potential for entrepreneurs, investors, or visionaries.
Key Highlights
- Commercial mixed‑use building in Downtown Gonzales.
- Includes a restaurant/grocery stove with a full commercial kitchen.
- Two walk‑in freezer/refrigerators** and spacious open back area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,235
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,484,700
$1.5M
Cap Rate 7%
$1,060,500
$1.1M
Cap Rate 9%
$824,833
$824.8K
Market Conditions
NOI Build-Up for 5,125 SF
Gross rent
$110.7K $21.60/SF
− Vacancy
−$4.6K −$0.91/SF
EGI
$106.1K $20.69/SF
− OpEx
−$31.8K −$6.21/SF
NOI
$74.2K $14.48/SF
Area
Monterey County, CA
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,484,700
Cap Rate 7%
$1,060,500
Cap Rate 9%
$824,833
Alternative Uses
Best Use
Specialty Retail
$1.96M
$1.71M – $2.28M
NOI $136,982 @ 7.0% cap · market cap 9.80%
Second Best
Retail
$1.06M
$927.9K – $1.24M
NOI $74,235 @ 7.0% cap · market cap 5.31%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Home Improvements & Furnishings 9%
Rabobank
Shops & Services
3,959 visits/mo
0.1 miles
Valero Energy
Shops & Services
1,620 visits/mo
0.2 miles
Carquest Auto Parts
Shops & Services
742 visits/mo
0.4 miles
Trini's Plumbing & True Value
Home Improvements & Furnishings
589 visits/mo
0.1 miles
Demographics for 93926, CA
9,187
Population
2,454
Households
3.7
Avg Household Size
30
Median Age
9%
College-Educated
61%
High-School Grad
67.2 sq mi
ZIP Area
137
Density / Sq Mi
$77,418
Median Household Income
$41,839
Median Earnings
$1,515
Median Rent
$597,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial mixed-use building with restaurant/grocery store and customizable upper level.
Where is this mixed-use property located?
The property is located at 326 Alta Street Gonzales, CA.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Commercial mixed‑use building in Downtown Gonzales.; Includes a restaurant/grocery stove with a **full commercial kitchen**.; Two walk‑in freezer/refrigerators** and spacious open back area.
