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Waterhouse 16-22 Brighton Avenue 7,262 SF 100% Leased Retail Building Bolinas, CA 94924 $3,500,000 ($481.96/SF)



Executive Summary
Discover a unique investment opportunity in the heart of downtown Ballina! This expansive mixed-use property presents a blank slate, offering endless potential for development. Although part of the property requires rebuilding due to a previous fire, the possibilities are vast.
Key Features:
- Size: Generously sized mixed-use property.
- Water Meters: Three valuable water meters, a rare find that provides flexibility and convenience, especially given the current moratorium on new water meters.
- Parking: Ample parking available for tenants and visitors.
- Investment Potential: Ideal for investors, entrepreneurs, or developers looking to make their mark in a thriving community.
The property currently has a tenant in the form of a post office, adding to its income-generating potential. With its prime location, versatile space, and significant water meter assets, this property is a remarkable opportunity for those looking to create something special in downtown Ballina.
Don’t miss out! Reach out today to schedule a viewing and learn more about this opportunity.
Key Features:
- Size: Generously sized mixed-use property.
- Water Meters: Three valuable water meters, a rare find that provides flexibility and convenience, especially given the current moratorium on new water meters.
- Parking: Ample parking available for tenants and visitors.
- Investment Potential: Ideal for investors, entrepreneurs, or developers looking to make their mark in a thriving community.
The property currently has a tenant in the form of a post office, adding to its income-generating potential. With its prime location, versatile space, and significant water meter assets, this property is a remarkable opportunity for those looking to create something special in downtown Ballina.
Don’t miss out! Reach out today to schedule a viewing and learn more about this opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,262 SF
Building Class
B
Year Built
1950
Price
$3,500,000
Price Per SF
$481.96
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
4.63
Lot Size
0.04 AC
Zoning
C-2 - Commercial mixed use
Property Taxes
| Parcel Numbers | Improvements Assessment | $178,689 | |
| Land Assessment | $138,505 | Total Assessment | $317,194 |
Property Taxes
Parcel Numbers
Land Assessment
$138,505
Improvements Assessment
$178,689
Total Assessment
$317,194
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Waterhouse | 16-22 Brighton Avenue
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