Technical
Financial
Distress signals
Property profile

223 Reindollar Ave Marina, CA 93933

OFF-MARKET
Showrooms
Property ID
US09-2532385
5,850 SF 0.35 ac lot Built 1974
Individually Owned 4-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Nightclub Bar & Pub

Location

223 Reindollar Ave Marina, CA 93933-3851
Marina metro Census 14201 SALINAS, CA METROPOLITAN STATISTICAL AREA
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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

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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