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Property profile & analytics
OFF-MARKET
Turn key restaurants

32260 Hbr Dr Fort Bragg, CA 95437-5546

0.71 ac lot
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US10-2964221
Property summary
AI-generated overview

This exceptional mixed-use property, located at 32260 N Harbor Dr, Fort Bragg, CA 95437, presents a unique investment opportunity. Priced at $3,100,000, this established business includes "The Wharf" restaurant and lounge, and the "Anchor Lodge," a two-story building with twelve motel units. The Wharf building also features five riverfront motel units and a penthouse apartment, previously used as an owner's residence and conference room. All buildings are situated on three separate parcels, each boasting desirable river frontage and dock access. The property benefits from Fort Bragg city water and sewer services, and enjoys a prime location in the heart of Noyo Harbor's commercial and fishing district. "The Wharf" has served as a popular destination for locals and tourists for many years. This turnkey operation offers immediate income potential and significant upside for a new owner. The property's strategic location, combined with its diverse revenue streams and established reputation, makes it an attractive investment in the thriving Mendocino County market. The three separate parcels provide flexibility for future development or expansion. This is a rare chance to acquire a well-established, profitable business with significant waterfront property in a highly desirable coastal location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.71 ac (31,019 SF)
Zoning code FV
APN 018-130-49-00
UPID US10-2964221
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
  • The Wharf Restaurant
  • Anchor Lodge Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
James C Hurst · 19 yrs held
James C Hurst
since 2007
7 recorded transactions
2019
Price N/A
2007
$2.7M
2007
Price N/A
1999
$1.2M
1997
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
FV · Fort Bragg, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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