Selzer Realty


Listing ID321112751
Price$950,000
Price/SqFt$219.91
StatusActive
SqFt 4,320
Acres 0.089
CountyMendocino
Property TypeCommercial Sale
Property Sub TypeMixed Use
The subject property is a two-story structure which includes the bar and three residential rental units. This is an opportunity to own one of the most popular bars, Tip Top Lounge, in Fort Bragg along with the real property. Evidenced of its popularity, the bar has been a main attraction of locals and tourists for many years. The bar is well-equipped with two pool tables, dart boards, and a classic jukebox to set the mood. Tip Top Lounge currently operates with a Type-48 full liquor license and is included in the asking price. Each rental unit features one bedroom and one bathroom and are currently occupied by long-term tenants. Current rental rates are $500, $675, and $700 per month; however the current market suggests a new owner could yield more. In addition, the property has plenty of storage space, an office, a laundry room, and two-space carport. Positioned on a high-trafficked downtown street, the building is closely situated to various high-end boutique stores.
Listing Courtesy of Jeff Sacher, Santa Rosa Business & Commercial.
Copyright 2022 Bay Area Real Estate Information Services. All rights reserved.
Data last updated Tuesday, January 18th, 2022 08:33:42 AM.

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https://www.selzerrealty.com
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https://homes.selzerrealty.com
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