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Mixed-Use Office Building

Guadalupe, CA 93434 Guadalupe, CA 93434

New
Guadalupe, CA, 93434
$1,850,000
For Sale
$1,850,000

COMMERCIAL - Guadalupe, CA

Property Size9,000 SF
Price / SF$205.56
Days on Market6

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Listing agency NextHome Central Coast
Listed by Christopher Cucchiara · License #02023880,PersonLicenseNumber
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 21 at 4:06PM
MLS# PI26014395

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This remodeled mixed-use building offers three levels of usable space, including a partially finished basement designed for additional room. The primary floor features open event-style space with retained original elements, including a ticket booth and a wine-bar setup, along with two ADA-approved bathrooms. Sound is addressed with sound boards installed on the primary floor, and the space includes two mezzanines: a front mezzanine used as a sound studio and a rear mezzanine that provides apartment-style living with one bedroom and one bathroom.

The second floor is currently configured as a large office space and includes paneled interiors with original wood and exposed brick. The property also includes a backyard area suitable for outdoor use, with the possibility of an additional unit subject to county approval.

Additional history notes indicate a full remodel and a seismic retrofit completed between 2011 and 2012. Please check with the county for potential changes to residential configurations and any accessory uses.

Key Highlights

  • Mixed‑use building in downtown Guadalupe with 3 levels, each roughly 3,000 sq ft (basement, primary floor, and second floor).
  • Full remodel and seismic retrofit completed between 2011 and 2012.
  • Primary floor includes open dance‑hall style space with retained original ticket booth and wine barrel open bar.

Local 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 $237.6k $26.40
− Vacancy −$23.5k −$2.61
EGI $214.1k $23.79
− OpEx −$53.5k −$5.95
NOI $160.6k $17.84
9,000 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%

Alternative Uses

Best Use
Apartment 5plus
$2.54M
$2.23M – $2.97M (±1% cap)
NOI $178,063 @ 7.0% cap · market cap 9.63%
Second Best
Office B
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,558 @ 7.0% cap · market cap 8.68%
Theoretical Best
Multifamily LT 5
$2.82M
$2.47M – $3.30M (±1% cap)
NOI $197,731 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Multi-level mixed-use building with remodeled interiors, basement space, offices, mezzanines, and ADA-compliant bathrooms.
Where is this office building located?
The property is located at Guadalupe, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Mixed‑use building in downtown Guadalupe with 3 levels, each roughly 3,000 sq ft (basement, primary floor, and second floor).; Full remodel and seismic retrofit completed between 2011 and 2012.; Primary floor includes open dance‑hall style space with retained original ticket booth and wine barrel open bar.
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