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Summers Market, Commercial + Residential 555 Powell Ave

3,320 SF 100% Leased Retail Building Healdsburg, CA 95448 £2,322,484 (£700/SF)

Investment Highlights

  • Turn-key business opportunity plus a home
  • Locally loved and successful business location
  • Alcohol beverage sales permittable

Executive Summary

The well known Healdsburg Summer's Market Deli and home is available to the next lucky operator or investor. This is a rare turn-key opportunity for a business owner to take over a very successful and loved neighborhood market/deli. Included in the sale is the Grandfathered conditional use for deli and market, all the onsite business equipment, plus a beautifully updated 2 bedroom, 2 bathroom home behind the market. Accompanying the home is an attached two car garage, two detached sheds for additional storage or office space, plus a large flat fenced/gated graveled yard for more equipment storage or parking, gardening, pool, or additional building site. The current home is 1,100sqft which could be classified as the ADU while a large custom home is built if so desired. Expand your business operations in the highly popular World-class small town of Healdsburg or start new with a turn-key property that has a proven track record of success amongst locals and visitors.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income £356,401 £107.35
Taxes - -
Operating Expenses - -
Total Expenses £204,441 £61.58
Net Operating Income £151,960 £45.77

Financial Summary (Actual - 2022)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £356,401
Annual Per SF £107.35
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £204,441
Annual Per SF £61.58
Net Operating Income
Annual £151,960
Annual Per SF £45.77

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,320 SF
Building Class
C
Year Built/Renovated
1951/2022
Price
£2,322,484
Price Per SF
£700
Percent Leased
100%
Number of Floors
1
Building FAR
0.17
Lot Size
0.44 AC
Zoning
R-1, Healdsburg - Grandfathered conditional Market/Deli use by the City of Healdsburg in residential zoning.
Parking
10 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
95 ft on Powell

Amenities

  • Fenced Lot
  • Wheelchair Accessible
  • Air Conditioning

Nearby Major Retailers

Ww (weight Watchers)
World Gym
StoragePRO
Bank of Montreal
Bank of America
Safeway
Chase Bank
CrossFit
Umpqua Bank
Starbucks
  • Listing ID: 33450813

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 555 Powell Ave, Healdsburg, CA 95448

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