
Soledad, California 93960
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned slightly above the $566,151 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and prime downtown corner lot offer significant upside for commercial conversion. The site features a restaurant-ready layout and charming outdoor patio, providing a unique foundation for value-add renovations. This is a strategic acquisition for Commercial Developers or Restaurateurs looking to capitalize on high-visibility, historical real estate in Soledad.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 185 Kidder Street Subject | $575,000* List Price | 3 | 1 | 1,215 | $466 | - |
A 1064 Madrid Street Sold | $625,000 | 4 | 2 | 1,260 | $496 | 1.0 mi |
B 400 Granada Street Active Under Contract | $610,000 List Price | 3 | 2 | 1,208 | $505 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the property has undergone commercial conversions but remains dated. The interior features older laminate flooring, basic lighting fixtures, and a budget-friendly bar build-out that appears to be over 20 years old. While functional as a restaurant, the single bathroom and aging exterior elements suggest the need for modernization and minor repairs to meet current residential or high-end commercial standards.
Situated on an iconic corner in the heart of downtown Soledad, the property benefits from high visibility and significant foot traffic near the Post Office.
Featuring a restaurant-ready layout and a charming outdoor patio, this site is perfectly positioned for a culinary venture or a high-exposure retail concept.
As a well-known local landmark with a rich history of housing beloved community businesses, the property offers unique character and established brand recognition.
Built in 1920, the structure may require substantial modern upgrades to plumbing, electrical, and ADA compliance to support a high-volume commercial operation.
Currently classified as a Single Family Residence despite its commercial marketing, which may necessitate a complex rezoning process or special use permits for business use.
Discover one of the most iconic corners in Soledad! Located right in the bustling heart of downtown, this charming, high-visibility property offers a once-in-a-lifetime opportunity to own a piece of the city's local history. Previously home to some of Soledad's most famous and beloved restaurants, this site comes with the rare advantage of a restaurant-ready layout perfect ambiance for indoor or outdoor dining in the charming outdoor patio. Perfectly positioned just steps from the Post Office and surrounded by local foot traffic, it is ideally suited for an ambitious restaurateur or cafe owner ready to bring a new culinary vision to life. Capitalize on the strong community presence, corner lot visibility, and unparalleled charm. Whether you want to launch a new concept or expand a well-loved brand, this central hub is primed for success. Don't miss your chance to write the next chapter of this famous corner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,215 | 1,361.5 |
| Lot Size | 5,000 | 11,988,773 |
| Price | $575.0K | $796.6K |
| Price per sq ft | $473 | $457 |
| Built year | 1920 | 2001 |
| HOA | $0 | $0 |
| Days on market | 19 | 63 |
Jul 3, 2026
$575,000
Initial Listing