840 Cloverdale Blvd, Cloverdale, CA 95425
5,338 SF | Retail Building | Cloverdale, CA 95425 | $905,000 ($170/SF) | 6.08% Cap Rate
For Sale
Active
Asking Price $905,000
- Property Type
-
Retail
- Square Feet
- 5,338 SF
- Price / Square Foot
- $170
Listing Contacts
- Property Info
Property Overview
Located in Sonoma County's northern most Wine Country community of Cloverdale, The Ice House couples unique history and quality improvements in a profitable investment opportunity. Once the area's original Ice House, the modern day Ice House has been thoroughly updated under the current ownership. The approximately 5,601 square foot commercial building is sited on a roughly 14,000 square foot lot, with prime exposure. Zoned for multiple uses, including heavy retail, heavy commercial and warehousing, the site lends itself to a variety of uses. The Ice House is currently leased to an established manufacturing and distribution tenant, with 2 years remaining on their initial term and an option to extend. Recent upgrades include new roof, new HVAC and additional extensive interior and exterior upgrades. Ideal location, quality upgrades and the security of a strong tenant make The Ice House an attractive investment for discerning investors.
Property Details
- Class
- C
- Year Built/Renovated
- 1921/2017
- Stories
- 1
- Property Subtype
- Grocery/Convenience Store
- Lot Size (sq. ft)
- 13,939 SF
Highlights
- Excellent Exposure to Main Roadway
- Recent Extensive Building Upgrades
- Strong Lease
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