Cedros Homes

4460 Fillmore Street
Santa Clara, CA 95054

(858) 442-5797

45020 Highway 101, Laytonville, CA 95454

$ 1,500,000

4full baths6half baths


Property Info
Price:$ 1,500,000
Baths:10 Baths (4 F, 6 H)
Type:Single Family
Size:11,000 ft²
Lot Size:110,207 ft² (2.53 acres)
  • Two APN Parcels Available - Boomers Building and Adjacent Land Parcel
  • Parcel One - 2.53 acres, 11,000 S.F. Commercial Building - Offer Price - $1.5 million
  • Parcel Two - 2.42 Acres Land, Zoned C2 Commercial - Offer Price - $300,000
  • 89% of Boomers Building fully leased | 16 Stall Electric Vehicle charging station
  • Owner Financing Available for Parcel Two @ 3% APR for 7 years

Investment Highlights:

  • Mixed Use commercial building includes Restaurants, Bar and Office.
  • Long Term tenant leases
  • 16 Stall Electric Vehicle charging station.
  • Parcel 1, Boomers Building, 2022 NOI = $112,596 (7.5%cap rate)
  • Parcel 2, Commercial Raw Land zoned C2
  • 450 feet of Hwy 101 frontage
  • Excellent long term tenant mix
  • Owner Financing Available for Land Parcel two @3% APR for 7 years
  • Priced well below replacement cost.

Property Facts:

Parcel One – Boomers Commercial Building (mixed Use)

  • APN 014-040-33
  • 2.53 ACRES
  • C2 Zoning
  • Electric Vehicle Charging Station located on Parcel 1

Parcel Two - Expansion Land Zoned Commercial  

  • APN 014-040-34
  • 2.42 Acres
  • C2 Zoning
  • City Water
  • Percolation Testing complete
  • Right of way access from Highway 101
  • Owner Financing Available for Parcel Two @3% APR for 7 years

Executive Summary

Parcel One, Boomers Building, ASK PRICE $1.5 million (7.5% Cap rate)

This is a once in a lifetime investment opportunity to purchase an extremely well-built retail building supported by five commercial tenants and three land lease agreements.

Commercial tenants include a Restaurant, Bar & Grill, Water District, and office space. Restaurant, Bar & Grill sale include substantial additional fixed assets detailed in attached documents.

Two land leases to Tesla Motors Inc. and Charge Point Inc for the operation of a 16 stall Electric Vehicle Charging Station are included.  The third land lease is a newly executed agreement with Lamar Inc. for a commercial advertising sign.

Upstairs second story, currently vacant, built with separate electrical meters and separate bathrooms to allow the space to be easily split into two separate rentals.

750 Square feet Restaurant/Cafe Space next to Charging station available to maximize space.

Parcel Two = Commercial Land $0.3 million (Owner financing available @3% for seven years)

Over 2 acres of C2 General Commercial zoned land.  This parcel has paved access through Parcel One.  Public water and all percolation testing completed.  Location is ideal for a hotel to complement the Electric Vehicle Charging Station and commercial business on Parcel #1.  There is a lack of fine dining and hotel establishments along this stretch of Hwy 101.

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*Rates for May 2023. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
Laytonville Continuation High School
200 Branscomb Road, Laytonville CA 95454
(707) 984-6254
0.2 mi
Laytonville Elementary School
150 Ramsey Road, Laytonville CA 95454
(707) 984-6123
0.2 mi
Map Item 4
Laytonville High School
250 Branscomb Road, Laytonville CA 95454
(707) 984-6108
0.3 mi
Map Item 7
Branscomb Elementary School
14320 Branscomb Road, Laytonville CA 95454
(707) 984-8568
6.6 mi
Spy Rock Elementary School
3510 Spyrock Road, Laytonville CA 95454
(707) 984-6172
8.7 mi
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