Listed by Popkin Real Estate
$390,000
Shalon Winery
Details
APN 22976
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 2,775
Net Rentable (SqFt) 2,775
Units 1
Pro-Forma Cap Rate 16.92%
Pro-Forma NOI $66,000
Price per SqFt $141
Class C
Year Built 1939
Buildings 1
Acreage 0.100
Zoning C-3
Investment Type Redevelopment
Occupancy Date 01/01/2026
Retail | 0.00% CAP | 2,775 SqFt
Marketing description
This is a redevelopment property is located at the corner of 16th and Duane on a high-visibility C-3 zoned street. The site is suitable for restaurants, retail, professional offices, and many other uses.
The building was built and owned by a well-known architect, John E. Wicks, in 1925. It first opened as an automotive showroom for Packard, Pontiac, and Oakland automobiles. In 1939, it was remodeled into a freezer locker.
The building remained a refrigerated locker rental business for 30 years until 1969.
It was a bicycle shop from 1973 to 1977.
The winemaker began a complete remodeling of the upper street level in 1977.
Listing Contacts
Listed by Popkin Real Estate
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