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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Investment properties

476 Main St Murphys, CA 95247-9627

0.32 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-3046098
Property summary
AI-generated overview

This exceptional mixed-use property in the heart of Murphys, CA presents a lucrative investment opportunity. Situated on a 0.32-acre lot in the bustling tourist district of downtown Murphys, this offering comprises two separate buildings totaling four units. The main building, located directly on Main Street, features two street-level retail spaces. One unit is currently occupied by a thriving wine/beer tasting room under a long-term lease, providing immediate income. The adjacent unit will be delivered vacant at the close of escrow, allowing for immediate customization and leasing to a tenant of your choice. Above the retail spaces is a spacious two-bedroom, one-bathroom apartment with a den, currently occupied by a month-to-month tenant. This building's corner location ensures exceptional visibility and places it amongst other historic properties in this highly sought-after wine region of the Sierra Nevada Foothills. A separate, freestanding building, currently used as a yoga studio, adds further versatility to this property. Ample parking is available in a large, gravel-paved lot accommodating five vehicles. The adjacent side yard is currently utilized by the wine tasting room for outdoor seating, enhancing its appeal. This property offers a unique blend of income-generating retail spaces, residential rental potential, and a flexible additional building, all within a charming Gold Rush-era town nestled between Lake Tahoe and Yosemite National Forest. The property is priced at $1,189,000.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Lot 0.32 ac (13,939 SF)
Zoning code C1
APN 068-016-027-000
UPID US09-3046098
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
Traver Thompson LLC · 5 yrs held
Traver Thompson LLC
since 2021
Last sale
$1.1M
4 recorded transactions
2021
$1.1M
2016
$870,000
1990
Price N/A
1985
Price N/A
Zoning & alternative use
C1 · Murphys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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