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Property profile & analytics
FOR SALE
Motels

3688 Bohemian Hwy Occidental, CA 95465

1,560 SF 0.12 ac lot Built 1880
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1686223
Property summary
AI-generated overview

This exceptional commercial property at 3688 Bohemian Highway in the heart of historic Occidental, California, presents a unique owner-user opportunity. The main building, a recently remodeled two-story structure, boasts approximately 2,070 square feet. Previously occupied by the Barley & Hops Tavern, this space offers immediate potential for a variety of retail uses. The second floor provides ample space, potentially adaptable into a live/work apartment, adding significant value and convenience. A sizable basement offers substantial storage capacity. Adding to the property's versatility is a separate annex building of approximately 1,167 square feet, currently vacant. This annex could be integrated into an expanded business operation or leased independently for supplemental income. The property also includes a 0.12-acre lot situated behind the main building. While the terrain is steep, the lot is zoned RR, offering possibilities for future development. This property is ideally suited for an owner-operator seeking a prominent location in a thriving community. The combination of the main building, the annex, and the additional lot provides a rare opportunity to acquire a substantial commercial presence in Occidental's vibrant downtown area. The property's history, combined with its recent renovations and flexible layout, makes it an attractive investment for a discerning buyer. The asking price is $1,275,000.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1880
Construction WOOD
Total area 1,560 SF
Lot 0.12 ac (5,227 SF)
APN 074-311-016-000
UPID US09-1686223
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Erik Reimann · 8 yrs held
Erik Reimann
since 2017
7 recorded transactions
2021
Price N/A
2017
$209,000
2017
Price N/A
2016
$695,000
2010
Price N/A
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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