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Property profile & analytics
OFF-MARKET Estimated value $750,000
Showrooms

223 Reindollar Ave Marina, CA 93933-3851

5,850 SF 0.35 ac lot Built 1974
Individually Owned 4-yr Hold Free & Clear
Property ID
US09-2532385
Property summary
AI-generated overview

Own a thriving Marina, CA microbrewery and pub, English Ales Brewery, established in 2000. This turnkey business boasts a 66-seat restaurant and pub, attracting both local and tourist clientele, including 1,500 Mug Club members. Located minutes from Monterey and Carmel, its prime location ensures consistent foot traffic. The business enjoys a long-term lease, providing financial stability and a solid foundation for future growth. Beyond its popular on-site pub, English Ales Brewery also services over 100 wholesale accounts, generating revenue from both retail and distribution channels. This diverse revenue model offers significant potential for increased profitability. The current owners are retiring, presenting a unique opportunity to acquire a well-established brand with a loyal customer base and dedicated staff. The 0.35-acre property offers ample space for potential expansion, allowing for further growth and development within the already successful business model. This is a rare chance to invest in a beloved community establishment with a proven track record and significant upside. The asking price is $595,000.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1974
Construction WOOD
Total area 5,850 SF
Lot 0.35 ac (15,091 SF)
APN 032-312-020-000
UPID US09-2532385
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
Current use
Occupant on record · Public records
  • Day 1 Precision Prosthetics Dental Office
  • Marina Family Dental Center Dental Office
  • Kendall K. Jang D.D.S. Dental Office
  • Netsure IT, Inc. Tech Support Center (Bike/Boat/Book/etc) Store
  • English Ales Brewery Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$750k
Owner & transaction history
Igor Gandzjuk · 4 yrs held
Igor Gandzjuk
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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