Four-Unit Retail and Restaurant
487-495 South Main Street Sebastopol, CA 95472
487-495 South Main Street, Sebastopol, CA, 95472
$1,299,000
For Sale
$1,299,000
Four-unit property on South Main Street with three occupied spaces and one available unit for lease or owner use.
Property Size4,350 SF
Price / SF$298.62
Days on Market70
Property Features for 487-495 South Main Street
General Information
- Standard status
- Active
- Size
- 4,350 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1949
Listing agency
HomeSmart Advantage Realty
(707) 921-9592
Listed by
Michael A Pellegrini · License #02044192
(707) 921-9592
Source
Compass
Added: May 13 Updated: Jul 20 at 4:36PM Checked: Jul 21 at 6:34AM
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 HomeSmart Advantage Realty
Investment Insights
Based on property information with market context.
487-495 South Main Street is a four-unit retail and restaurant property in downtown Sebastopol. The building is currently occupied by A&M BBQ, Ritual Ceramic Studio, and Biophilia Botanicals, with one additional unit available.
The property is positioned along a highly visible corridor with convenient access, supporting retail activity in the immediate area. The current unit mix provides diversified income, with three of four units rented and one vacancy offering flexibility for the next tenant or an owner-user.
For sale as a multi-unit asset, the property is configured as separate retail/restaurant spaces within a single building at 487–495 South Main Street.
The property is positioned along a highly visible corridor with convenient access, supporting retail activity in the immediate area. The current unit mix provides diversified income, with three of four units rented and one vacancy offering flexibility for the next tenant or an owner-user.
For sale as a multi-unit asset, the property is configured as separate retail/restaurant spaces within a single building at 487–495 South Main Street.
Key Highlights
- 4‑unit property at 487‑495 S Main Street in downtown Sebastopol; 3 units are currently rented and 1 unit is available
- Tenant mix includes A&M BBQ, Ritual Ceramic Studio, and Biophilia Botanicals
- 1‑story building with slab foundation; composition and flat roofing
Local Financial Insights For Specialty Retail
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 | $114.8k | $26.40 |
| − Vacancy | −$4.8k | −$1.11 |
| EGI | $110.0k | $25.29 |
| − OpEx | −$27.5k | −$6.32 |
| NOI | $82.5k | $18.97 |
4,350 SF · lease $26.40/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,513 @ 7.0% cap · market cap 6.35%
Second Best
Retail
$567.4K
$496.5K – $661.9K
NOI $39,716 @ 7.0% cap · market cap 3.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Four-unit property on South Main Street with three occupied spaces and one available unit for lease or owner use.
Where is this retail space located?
The property is located at 487-495 South Main Street Sebastopol, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4‑unit property at 487‑495 S Main Street in downtown Sebastopol; 3 units are currently rented and 1 unit is available; Tenant mix includes A&M BBQ, Ritual Ceramic Studio, and Biophilia Botanicals; 1‑story building with slab foundation; composition and flat roofing
