17235 Bodega Hwy Bodega, CA 94922-9712
This iconic 1880s building, located at 17235 Bodega Highway in Bodega, CA, presents a rare investment opportunity. Situated on a 0.12-acre lot, this former blacksmith's shop and long-standing art gallery boasts distinctive brick floors and impressive open-beam ceilings. The property's Rural Residential zoning allows for commercial use, offering a multitude of potential applications. Imagine transforming this historic landmark into a tasting room, event venue, office space, workshop, or continuing its legacy as an art gallery. The possibilities are extensive, subject to county regulations. The property includes a shed and an RV hookup, adding to its versatility. Expansion options are available, including the potential purchase of an adjacent parcel with a building site and stunning views. A proposed lot line adjustment could further expand the land area above the gallery. Preliminary work has been done for a future septic system, with a 4-bedroom percolation test already completed. The property is priced at $650,000, and owner financing or a rate buy-down may be considered. This property represents a unique chance to own a piece of Bodega Bay history, situated at a key crossroads along a main coastal route. A neighboring 1/3-acre parcel at 17255 Bodega Highway is also available for purchase.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
4 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.