For Sale
$7,750,000

2522 Mankas Corner RdFairfield, CA 94534

Thriving mini-village, 7 units, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a unique 11,000-square-foot mixed-use property in the heart of Suisun Valley's wine country. Located at 2522 Mankas Corner Rd, Fairfield, CA 94534, this established complex boasts seven units, including a restaurant, tasting room, barrel room, outdoor event space, and three guest units, all operating within a single, cohesive mini-village. Built in 1850 and extensively renovated in 2020, the property sits on a one-acre lot (APN 0026-220-070) and is zoned for commercial use. Currently 100% occupied, the property generates a substantial net operating income (NOI) of $394,151, representing a 5.09% cap rate on the $7,750,000 asking price ($704.55/sq ft). The property's diverse revenue streams include long-term restaurant tenancy, event rentals, and rental income from the three guest units. Its prime location, just minutes from Napa and 45 minutes from both Sacramento and San Francisco, makes it a highly desirable destination for tourists and locals alike. This turnkey operation offers a compelling investment opportunity with significant potential for future growth and upside, whether as a pure investment or owner-user opportunity. The seller is open to a leaseback arrangement. The possibility of acquiring a neighboring building for further expansion also exists.

Highlights

  • Prime Wine Country Location, Popular Tourist Destination.
  • Convenient Interstate 80 Access.
  • Triple Net (NNN) Leased Property.
  • Mixed-Use Property with Restaurant/Bar, Wine Tasting Rooms, and Food Prep Areas.
  • Extensive Wine Storage Capacity, Including Barrel Storage.
  • On-site Rental Income from Three Units (Cottage/Duplex/Apartment).

Property Details for 2522 Mankas Corner Rd

Property type
Specialty properties, Retail properties
Square Feet
11,000 SF
Year Built/Renovated
1850/2020
Lot Size (sq. ft)
43,560 SF
Units
7

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.2859664
Longitude
-122.1074066
2522 Mankas Corner Rd, Fairfield, California

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2522 Mankas Corner Rd
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