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Whale Point Landing 39000 Highway 1 4,667 SF 100% Leased Office Building Gualala, CA 95445 $795,000 ($170.34/SF)
Investment Highlights
- Ocean views
- Full municipal services
- Established income in place
- Convertible floor plan
- Walkable downtown location
Executive Summary
Located west of Highway 1 in downtown Gualala, this ocean-view commercial property presents an exceptional investment and development opportunity. Gualala Village Mixed Use zoning supports continued office leasing, owner occupancy, or a mixed-use future. Suitable location for retail, office, beauty/wellness, gallery space, and more. The sale also includes the adjacent 0.299-acre residential-zoned, ocean view parcel, creating additional possibilities for future development. There are currently 8 units, 4 upstairs and 4 down. Upstairs, one tenant has converted two units for themselves, another tenant occupies a 3rd, and the 4th ocean view unit is unoccupied, previously used as the owner's office. There are two bathrooms upstairs in the hallway with hot water on demand for the sinks. The four downstairs units were originally connected, offering an easy path back to a single larger suite as leases turn over, if desired. Two units downstairs have private bathrooms, one occupied by the owner, and one available for lease. There are two additional exterior access bathrooms on the lower level. There is ample parking, with 12 designated spaces and 1 ADA space in front. The building is served by PG&E, Gualala water & sewer services as well as choices for fast internet. Restaurants and shopping are just down the street for easy lunch break access, along with proximity to a medical clinic and emergency services. Gualala derives from the Kashaya Pomo village name Walaali, which itself is taken from Qh awla-li, meaning where the water goes down. Gualala is located 3 hours north of the San Francisco Airport, and is known for its art culture, banana belt weather, and is a popular vacation destination. The Gualala Point Regional Park has 2.9 miles of trails along coastal bluffs above the Gualala River. Hikers enjoy the Bluff Top Trail, which connects Gualala Point to the Salal Trail and the 10 miles of The Sea Ranch coastal access trails to the south. Whether you're seeking a stable income-producing investment, an owner-user opportunity, or a property with future mixed-use potential, this well-located downtown offering is a rare opportunity on the Mendocino-Sonoma Coast.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
4,667 SF
Building Class
C
Year Built
1985
Price
$795,000
Price Per SF
$170.34
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,122 SF
Building FAR
0.18
Lot Size
0.59 AC
Zoning
Mixed Use - Multi use commercial and residential
Parking
13 Spaces (3.53 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $250,624 | |
| Land Assessment | $300,306 | Total Assessment | $550,930 |
Property Taxes
Parcel Numbers
Land Assessment
$300,306
Improvements Assessment
$250,624
Total Assessment
$550,930
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