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    FOR SALE
    Office buildings

    1241 Grove St, Healdsburg, CA 95448

    1,695 SF 0.34 ac lot Built 1955
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US09-3081481
    Property summary
    AI-generated overview

    This well-maintained mixed-use building at 1241 Grove Street, Healdsburg, CA, presents a unique investment opportunity. The 0.32-acre property, conveniently located just south of the intersection of Dry Creek Road and Grove Street, offers easy access to Highway 101. Originally converted to office space in 2008, the building boasts 13 onsite parking spaces and an ADA-compliant ramp, ensuring accessibility for all. The property features central HVAC for climate control and includes additional outbuildings, expanding its potential uses. The Dry Creek Inn is directly adjacent to the north property line. The asking price is $1,400,000, and owner financing may be available. A lease with an option to buy may also be considered, making this an attractive proposition for both investors and owner-users seeking a strategic location in the thriving Healdsburg market. The property's prime location and versatile features make it an ideal investment for a variety of businesses. Its proximity to Highway 101 ensures excellent connectivity and accessibility for employees and clients alike. The ample parking and ADA compliance further enhance its appeal. Consider the possibilities this exceptional Healdsburg property offers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1955
    Construction WOOD
    Total area 1,695 SF
    Lot 0.34 ac (14,716 SF)
    APN 089-081-026-000
    UPID US09-3081481
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $350k
    CAP Approach CAP
    $395k
    Comparable Approach Comparable
    $515k
    Blend (final) Blend
    $505k
    Owner & transaction history
    John E Kinne · 3 yrs held
    John E Kinne
    since 2023
    3 recorded transactions
    2023
    2013
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $655,000 +17.1%
    Medical building $625,000 +11.7%
    Retail stores $570,000 +2.0%
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    More about this property
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