504 N Cloverdale Boulevard, Cloverdale, CA 95425, Cloverdale, 95425 - 1 bed, 1 bath
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Cloverdale, CA 95425
Analysis of 504 N Cloverdale Boulevard, Cloverdale, CA 95425 is currently available with a list price of $719,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cloverdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is well-maintained and turnkey for its current use, but the last major remodel was completed in 1999. At 26 years old without a recent overhaul, the interior fixtures, commercial kitchen equipment, and residential unit reflect dated styles and aging systems consistent with the 'fair' criteria.
The property features a fully-equipped commercial kitchen and an attached 1-bedroom apartment, offering immediate operational capability for a restaurant alongside a secondary income stream or on-site housing.
Situated on a high-visibility corner lot with quick access to Highway 101, the property benefits from significant exposure and includes 10 dedicated parking spaces plus ample street parking.
Having operated as a successful restaurant for 25 years, the location demonstrates long-term commercial appeal and community integration, reducing the risk for new operators.
The extensive restaurant-specific build-out and equipment may limit the property's appeal to buyers not interested in the food service industry without incurring significant conversion costs.
With the last major commercial remodel completed in 1999, some interior fixtures, equipment, or aesthetic elements may require modernization to meet contemporary standards.
The sale includes real property(Land and building), including all interior fixtures and equipment. Turnkey mixed-use commercial property (zoned for both commercial and residential use) featuring a fully-equipped commercial kitchen and inventory to facilitate immediate operation for restaurant, catering, or catering with a commissary business model. The property has operated as Piacere Ristorante Italiano for 25 years, demonstrating long-term business viability and community appeal. Commercial improvements/remodel completed in 1999. Restaurant space features: Indoor seating for 75 Main dining area + private dining room Two restrooms Prep area, generous storage Walk-in refrigerator + freezer Full commercial kitchen with all fixtures, equipment, and remaining inventory Inclusions: All interior kitchen and restaurant fixtures, equipment, and inventory Active Beer & Wine License beer/wine on-sale, verify Site features: Prime corner lot with high visibility 10 dedicated parking spaces + ample street parking Outdoor dining area Attached 1-bed, 1-bath apartment (rental income or on-site housing) Location: Quick access to Highway 101 Near public transit Approximately 1 hour from San Francisco This is a rare investment opportunity with flexible mixed-use zoning and existing income streams from restaurant operations and residential rental unit.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 20% |
| Baths | 1.0 | 3.0 | 20% |
| Square foot | 2,372 | 1,800 | 60% |
| Lot Size | 10,000 | 10,000 | 50% |
| Price | $719.0K | $650.0K | 60% |
| Price per sq ft | $303 | $303 | 50% |
| Built year | 1999 | 1958 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 391 | 296 | 80% |
Mar 27, 2025
$719,000
Initial Listing
Oct 17, 2001
$375,000
Public Record