Flexible Storefront with Salon
483 E Chestnut Street Fort Bragg, CA 95437
For Sale
$300,000
Storefront property currently operating as a hair salon, with ample on-site parking and a spacious backyard area.
Property Size940 SF
Price / SF$319.15
Days on Market75
Property Features for 483 E Chestnut Street
General Information
- Standard status
- Active
- Size
- 940 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1983
Listing Agency:
Engel & Voelkers Mendocino
(707) 937-5071
Listed By:
Tracy Wolfson
Source:
Xome
Added: May 11
Changed: Jul 24
Last Checked: Jul 24 at 4:33AM
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 Engel & Voelkers Mendocino
Investment Insights
Based on property information with market context.
This well-located commercial storefront property is currently operating as a hair salon. The space is described as having a flexible layout suitable for a range of professional, retail, wellness, office, or service-oriented businesses, and includes ample on-site parking for clients and customers.
The property is positioned just minutes from downtown Fort Bragg on the Mendocino Coast, with convenient access for visitors. In addition to the interior space, there is a spacious backyard area that provides additional possibilities for the next occupant.
Offered for sale, this property presents a practical, adaptable option for businesses looking for a storefront location with parking and outdoor area.
The property is positioned just minutes from downtown Fort Bragg on the Mendocino Coast, with convenient access for visitors. In addition to the interior space, there is a spacious backyard area that provides additional possibilities for the next occupant.
Offered for sale, this property presents a practical, adaptable option for businesses looking for a storefront location with parking and outdoor area.
Key Highlights
- Storefront commercial property currently operating as a hair salon
- Flexible interior setup with guest facilities listed as 3
- Ample on‑site parking for clients and customers
Financial Insights For Office B
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 | $21.2k | $22.56 |
| − Vacancy | −$3.0k | −$3.20 |
| EGI | $18.2k | $19.36 |
| − OpEx | −$4.5k | −$4.84 |
| NOI | $13.6k | $14.52 |
940 SF · lease $22.56/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$194.9K
$170.6K – $227.4K
NOI $13,646 @ 7.0% cap · market cap 4.55%
Second Best
Retail
$26.3K
$23.0K – $30.7K
NOI $1,842 @ 7.0% cap · market cap 0.61%
Theoretical Best
Flex RnD
$351.4K
$307.5K – $410.0K
NOI $24,600 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coast Laboratory Services
Medical Laboratory
Jennifer Raymann
Hair Salon
Maven Collective
Hair Salon
OARS (Outreach, Advocacy, ...
Social Service Agency
Similar Off Market Nearby
- Connie Queen of the North Flowers — 151 s mcpherson st apt 5, fort bragg, ca 95437
FAQs
What type of property is this?
Storefront property - Storefront property currently operating as a hair salon, with ample on-site parking and a spacious backyard area.
Where is this storefront property located?
The property is located at 483 E Chestnut Street Fort Bragg, CA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Storefront commercial property currently operating as a hair salon; Flexible interior setup with guest facilities listed as 3; Ample on‑site parking for clients and customers