127 Edwards St, Independence, CA 93526
This unique 3,500 square foot Victorian-style building, located at 127 N Edwards Street Unit 11 in Independence, CA, presents a captivating investment opportunity. Originally constructed as a restaurant, the property boasts a fully equipped kitchen, a spacious seating area complete with a soda shop-style counter, and a delightful outdoor seating and entertaining area. Upstairs, a one-bedroom living quarters and a separate office provide convenient amenities. The building's character inspires creative uses, making it ideal for a variety of ventures. The possibilities are numerous and include, but are not limited to, a vintage market or antique shop, a cultural or educational center, a yoga/wellness/spa center, a themed cafe and artisan shop, an event venue, or an art gallery and studio. The property also features a beautifully landscaped and fully fenced yard, enhanced by roses, shade trees, and a gazebo. The asking price is $499,900. This is a rare chance to acquire a distinctive commercial property in a desirable location with significant potential for a thriving business. The property sits on a 0-acre lot and is classified as "Other" property type. Its exceptional character and versatile layout make it an attractive proposition for entrepreneurs seeking a unique and established space.
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
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.