450 Highway 1 Davenport, CA 95017
- Commercial real estate
- 3,488 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 450 Highway 1
- Year built
- 2007
- Lot size
- 0.12 lot acres
- Property size
- 3,488 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in historic Davenport, CA, presents a unique blend of commercial and residential space. Located directly off Highway 1 and across from Davenport Beach, this 3,488 square foot building boasts high foot traffic and stunning ocean views. The ground floor currently operates as a successful wine-tasting room, featuring a well-designed layout with a bar, two bathrooms, a dedicated office, and a convenient back area with an extra sink. The ample natural light enhances the inviting atmosphere, perfect for a variety of commercial ventures. Upstairs, a charming residential area awaits, offering a comfortable and spacious living space. Vaulted ceilings and skylights create an airy ambiance, while an open-plan kitchen with a breakfast bar seamlessly flows into a spacious dining area. A cozy fireplace anchors the living room, which features French doors leading to outdoor space. A luxurious bedroom with a private veranda completes this unique upper-level residence. This prime location is surrounded by popular local establishments, including the Whale City Bakery, the Jailhouse Museum, and the Davenport Roadhouse, ensuring high visibility and a thriving community atmosphere. The property sits on a 0.12-acre lot, offering convenient access to Highway 1, leading south to Santa Cruz and north to AГ±o Nuevo State Park. This combined commercial and residential property presents a rare opportunity to own a piece of Davenport's vibrant coastal charm. The asking price is $1,699,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Santa Cruz
- State
- California
- Longitude
- -122.195
- Latitude
- 37.0111