102 Cloverdale Blvd Cloverdale, CA 95425-3710
- Retail space
- 12,254 SF
- 0.27 lot acres
Current Use by Public Records
- Retail space
Property Details for 102 Cloverdale Blvd
- Year built
- 1952
- Construction
- WOOD FRAME
- Lot size
- 0.27 lot acres
- Property size
- 12,254 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 001-123-016-000
- APU
- 1123016000
Description
The Silverwood Building, located at 102 S Cloverdale Boulevard in Cloverdale, CA, presents a compelling investment opportunity in Sonoma County's Wine Country. This completely restored retail property boasts a strong tenant base and is situated in Cloverdale's revitalized downtown area. The property comprises two separate legal parcels totaling 26,670 square feet, strategically positioned on Cloverdale Boulevard and East 1st Street, ensuring high visibility and accessibility. One parcel houses the 12,000 square foot Silverwood Building, featuring seven redesigned and rebranded retail units currently under long-term leases. The second parcel, intentionally left vacant, provides ample off-street parking for tenants and customers. The building's paseo-style layout enhances pedestrian flow and creates a welcoming atmosphere. Extensive renovations and capital improvements undertaken over the past five years minimize future maintenance needs, allowing for immediate cash flow generation. This 0.61-acre property offers a low-risk investment with a proven track record, making it ideal for investors seeking to enter the Wine Country market or expand their existing portfolio. The asking price is $3,050,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cloverdale
- County
- Sonoma
- State
- California
- Longitude
- -123.016
- Latitude
- 38.8053
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
