Property profile

26955 State Rte Tomales, CA 94971

OFF-MARKET
Mixed-use properties
6,686 SF 0.38 ac lot
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Property summary

AI-generated overview

The William Tell House, established in 1877, presents a unique investment opportunity in the heart of Tomales, California. This historic landmark, Marin County's oldest saloon, boasts 6,686 square feet on a 0.38-acre lot and has served as a beloved community gathering place for over a century. Most recently operating as a full-service restaurant and bar, the property offers a turnkey business with a menu inspired by Northern California's culinary bounty. The interior blends rustic charm with modern updates, creating a warm and inviting atmosphere perfect for dining and socializing. An adjacent outdoor patio provides additional space for events and gatherings. Adding to its appeal, the upper floor includes an owner's residence currently licensed for four self-service short-term rental rooms, offering convenient lodging for visitors exploring nearby attractions such as Point Reyes National Seashore, Dillon Beach, and the Sonoma Coast. This established business benefits from a Type 47 license. The property's size and existing infrastructure offer potential for expansion, allowing a new owner to further develop its offerings and capitalize on its prime location and rich history. This is a rare chance to acquire a piece of California history with significant income potential.

Property profile

Verified
Property type Mixed-use properties
Total area 6,686 SF
Lot 0.38 ac (16,553 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 State Rte Tomales, CA 94971
Tomales metro
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Value estimations

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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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