2750-2766 Old Sonoma Rd
Napa, CA 94558
Carneros Center · Retail Property For Sale

The asset features a stabilized, grocery-anchored center, an existing residential unit, and a fully entitled residential development located within one of Napa’s opportunity zones. Carneros Center is a recently renovated, 100% occupied center anchored by Lola’s Market, a Hispanic market that recently signed a long term lease at well below market rents. The recent renovation and rebranding of the center also included the addition of Southside, a locally owned coffee house that has quickly developed a “lowkey cult” following. Irma & Morgan Robinson’s (owner’s of Smoke catering) opened their first location at the subject property and very quickly earned widespread acclaim as one of the best brunches in Napa. Foothill Estates is a 1.9-acre subdivision that recently received full approval for the construction of 10 single family detached homes ranging from 1,634 sf to 2,468 sf. The subdivision is a rare piece of undeveloped land situated in a densely populated, infill residential neighborhood within Napa. The property is located in one of Napa’s two opportunity zones which offer attractive tax benefits to a potential investor.