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Property profile & analytics
OFF-MARKET
Retail space

840 Cloverdale Blvd A Cloverdale, CA 95425-3011

4,413 SF 0.32 ac lot Built 1921
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-1922091
Property summary
AI-generated overview

This exceptional mixed-use property, located at 840 N Cloverdale Boulevard in Cloverdale, CA, presents a compelling investment opportunity. The historic Ice House building, totaling approximately 5,601 square feet, sits on a sizable 0.32-acre lot (roughly 14,000 square feet) offering excellent street visibility. Currently leased to a well-established manufacturing and distribution tenant with two years remaining on their initial lease term and an option to extend, this property provides immediate cash flow and long-term stability. The building has undergone significant renovations, including a new roof and HVAC system, along with extensive interior and exterior upgrades. Its versatile zoning allows for a variety of uses, including heavy retail, heavy commercial, and warehousing, making it adaptable to future market demands. Situated in Sonoma County's northernmost Wine Country community, this property benefits from a desirable location and strong potential for appreciation. The combination of a prime location, substantial recent improvements, and a secure, established tenant makes this a truly attractive investment for discerning buyers seeking a profitable and stable commercial asset. The property's history adds unique character, while its modern upgrades ensure functionality and efficiency. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Construction WOOD
Total area 4,413 SF
Lot 0.32 ac (14,000 SF)
APN 116-040-032-000
UPID US09-1922091
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
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Owner & transaction history
Bendan LLC · 9 yrs held
Bendan LLC
since 2017
7 recorded transactions
2017
$610,000
2011
$200,000
2006
$450,000
2006
Price N/A
1994
Price N/A
1990
$12,500
1989
$110,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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