Property profile

26955 Ca-1 Tomales, CA 94971

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

This exceptional hospitality property, located at 26955 CA-1 in Tomales, California (zip code 94971), presents a lucrative investment opportunity. Priced at $2,400,000, this established business boasts a strong 6.31% cap rate and a net operating income (NOI) of $167,153. The property features a long mahogany bar, a fully equipped restaurant, and a spacious dining area complemented by an inviting outdoor patio. Adding to its versatility, the property includes short-term rental rooms, providing diverse revenue streams. Ample parking is available for patrons and guests. A significant advantage is the inclusion of a Type 48 liquor license, already in place and transferable with the sale. This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on the thriving hospitality market in Marin County. The property's prime location in Tomales, CA, ensures high visibility and accessibility. This is a rare chance to acquire a well-established and profitable business with significant growth potential. The square footage is currently under review and will be updated shortly.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26955 Ca-1 Tomales, CA 94971
Tomales metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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