6101 Highway 1 Elk, CA 95432
This exceptional mixed-use property at 6101 Highway 1 in Elk, California, presents a unique investment opportunity. The 1,948 square foot Elk Store, established in 1927, is a beloved community hub and thriving business attracting thousands of visitors annually. Its offerings include a curated selection of local wines and craft beers, a deli serving handmade sandwiches, grocery essentials, baked goods, artisan soaps, and ceramics. The store boasts original rustic floors and vintage coolers, creating a charming and timeless atmosphere. Its prime location directly across from a large parking area with an EV charging station and adjacent to the pathway to Greenwood State Beach provides excellent accessibility. Elk itself is experiencing significant revitalization, featuring high-end dining, luxury accommodations, and attractive shops. This turnkey operation includes all inventory, equipment, and a Type 20 liquor license. A separate dwelling behind the store offers versatile potential as employee housing, a rental property, or a live-work arrangement for the new owner. The strong reputation, loyal customer base, and consistent tourist traffic contribute to the significant intangible value of this established business. Situated on Highway 1, amidst redwood forests and vineyards along Highway 128, this property offers a rare chance to acquire a cherished community destination and a successful, established business. The property sits on a 0-acre lot. The asking price is $975,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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