120 Franklin St Fort Bragg, CA 95437
This exceptional mixed-use property in Fort Bragg, CA, presents a unique investment opportunity. The 5,000 square foot building, situated on a 0.17-acre lot at 120 North Franklin St (APN 0081643500), boasts a prime location within the Central Business District (CBD), benefiting from high foot traffic and tourism. Renovated in 2018, this two-story structure combines premium commercial storefront and executive office space on the ground floor with luxurious residential space upstairs – ideal for owner-occupancy or a live/work arrangement. The property features central propane heating, individual laundry facilities, and three uncovered parking spaces. Utilities include electricity, water, sewer, cable, and propane. The lot is landscaped, level, and features sprinklers. Zoned for CBD use, this property offers a blend of commercial and residential potential, catering to the vibrant local economy and the area's thriving tourism sector. The building's artistic design provides a solid foundation for a discerning buyer to further enhance and personalize. This is a chance to acquire a versatile property in a desirable coastal location, offering both immediate income potential and long-term growth prospects. The property's proximity to shops, restaurants, galleries, a movie complex, banks, the post office, and the coastal trail adds to its appeal.
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Mendocino Mediation Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.