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2675 State Highway 140 6,500 SF 50% Leased Retail Building Catheys Valley, CA 95306 $1,400,000 ($215.38/SF)



Investment Highlights
- Multiple Income Streams
- Tourism-Driven Location
- ABC License for Restaurant & Retail Store Sales- Can be Transable
- Value-Add Opportunity
- Approx. 2 Acres of General Commercial (CG) Zoning
- Gas Station with Fuel Sales Component
Executive Summary
**Gateway to Yosemite Mixed-Use Investment Opportunity**
Rare opportunity to acquire a diversified mixed-use commercial asset located along California Highway 140, one of the primary gateways to Yosemite National Park. Situated on approximately 2 acres of General Commercial (CG) zoned land, the property benefits from exposure to an estimated 3 million+ annual travelers and strong local community support.
The property features a gas station with fiberglass fuel tanks installed in 2012, a ±3,500 SF retail building divided into multiple income-producing spaces, a United States Post Office tenant, restaurant facility with commercial kitchen, convenience store, separate feed store building, outdoor event and picnic area, and three residential homes.
Investment Highlights:
• Asking Price: $1,400,000
• Proforma Cap Rate: 17.28%
• Proforma NOI: $241,860+
• Highway 140 Frontage & Visibility
• Gateway Corridor to Yosemite National Park
• Gas Station with Fuel Sales Component
• ABC License Included for Restaurant & Store Alcohol Sales (subject to transfer approval)
• United States Post Office Tenant
• Three Residential Homes (2 currently rented generating approximately $3,300/month)
• Outdoor Event Venue & Picnic Area
• Separate Feed Store Building
• Approved Alternative Energy Source Opportunity with Potential EV Charging Station Expansion
• Three Wells, Four Septic Systems, Individually Metered Utilities
• Significant Value-Add and Future Development Potential
This unique asset offers investors multiple revenue streams from retail, fuel sales, restaurant operations, residential rentals, event space, government tenancy, and tourism-related business opportunities in one of California's most heavily traveled tourism corridors.
Rare opportunity to acquire a diversified mixed-use commercial asset located along California Highway 140, one of the primary gateways to Yosemite National Park. Situated on approximately 2 acres of General Commercial (CG) zoned land, the property benefits from exposure to an estimated 3 million+ annual travelers and strong local community support.
The property features a gas station with fiberglass fuel tanks installed in 2012, a ±3,500 SF retail building divided into multiple income-producing spaces, a United States Post Office tenant, restaurant facility with commercial kitchen, convenience store, separate feed store building, outdoor event and picnic area, and three residential homes.
Investment Highlights:
• Asking Price: $1,400,000
• Proforma Cap Rate: 17.28%
• Proforma NOI: $241,860+
• Highway 140 Frontage & Visibility
• Gateway Corridor to Yosemite National Park
• Gas Station with Fuel Sales Component
• ABC License Included for Restaurant & Store Alcohol Sales (subject to transfer approval)
• United States Post Office Tenant
• Three Residential Homes (2 currently rented generating approximately $3,300/month)
• Outdoor Event Venue & Picnic Area
• Separate Feed Store Building
• Approved Alternative Energy Source Opportunity with Potential EV Charging Station Expansion
• Three Wells, Four Septic Systems, Individually Metered Utilities
• Significant Value-Add and Future Development Potential
This unique asset offers investors multiple revenue streams from retail, fuel sales, restaurant operations, residential rentals, event space, government tenancy, and tourism-related business opportunities in one of California's most heavily traveled tourism corridors.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
1940
Price
$1,400,000
Price Per SF
$215.38
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
600 - General Commercial (CG) Zoning | Flexible Commercial Use Potential | Retail, Restaurant, Fuel Service, Hospitality, Event Venue & Tourism-Oriented Use
Frontage
181’ on State Hwy 140
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Cafe
Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 016-140-003000 | Improvements Assessment | $656,116 |
| Land Assessment | $104,449 | Total Assessment | $760,565 |
Property Taxes
Parcel Number
016-140-003000
Land Assessment
$104,449
Improvements Assessment
$656,116
Total Assessment
$760,565
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2675 State Highway 140

