76341 Covelo Rd Covelo, CA 95428
This exceptional mixed-use property, located at 76341 Covelo Road in the heart of downtown Covelo, California, presents a rare investment opportunity. Situated on a 0.09-acre lot, the building boasts a unique character defined by stunning murals created by a renowned artist, adding significant aesthetic value and potential for attracting clientele. The property's mixed-use zoning allows for a variety of commercial ventures, making it ideal for entrepreneurs seeking a distinctive location to establish their business. While the square footage is not currently specified, the building's prime downtown location ensures high visibility and accessibility. This is a chance to acquire a one-of-a-kind commercial space with significant artistic appeal and considerable upside potential. The property is being offered at $85,000. Prospective buyers are strongly encouraged to conduct their own due diligence to fully assess the property's suitability for their intended use and to determine the precise square footage and other relevant details. This is a truly unique opportunity to own a piece of Covelo's vibrant downtown scene. Don't miss out on this chance to own a piece of art and a thriving business location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Covelo, CACovelo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.