Current Use by Public Records
- Summer's Market & Deli / Food Market / Restaurant
Property Details for 557 Powell Ave
- Lot size
- 0.44 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
Exceptional opportunity to acquire a thriving Healdsburg market and deli, complete with existing equipment (~$400,000 value) and a detached, updated two-bedroom, two-bathroom home. This turnkey operation boasts a proven track record, generating monthly sales between $35,000 and $65,000 under previous ownership. The property includes a two-car garage, two storage sheds, and a large, fenced, graveled yard offering ample space for expansion or additional development. The 1,920-3,260 square foot commercial space benefits from a grandfathered conditional use permit within a residential zone, providing a unique advantage over downtown competitors. Situated on a 0.44-acre lot (APN 002-383-010), this location enjoys convenient proximity to the Montage Resort, Dry Creek Valley wineries, and Healdsburg Plaza, attracting both local and tourist clientele. The property also holds an approved off-site alcohol sales license (transferable pending ABC approval). Included in the sale are the business phone number, point-of-sale system, brand name, and recipes, allowing for seamless transition or rebranding. The existing home (approximately 1,100 square feet) could function as an accessory dwelling unit (ADU), while the expansive yard presents potential for future construction. This is a rare opportunity to own a successful, established business with significant upside potential in the desirable Healdsburg market. Asking price is $2,965,000, with an 11% cap rate.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Healdsburg
- County
- Sonoma
- State
- California
- Longitude
- -122.861
- Latitude
- 38.6209
