537 Highway 1 Bodega Bay, CA 94923 Active

UPDATED: 09/11/2026 02:30 AM ON MARKET: 40 days on market

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Listed by Rick Burg Century 21 Epic 

$1,900,000

0.57 Acres Lot

Key Details

Property Description

Rare Bodega Bay Mixed-Use Investment Opportunity with Stunning Bay Views A truly unique opportunity to own a piece of Bodega Bay with exceptional income potential and an irreplaceable coastal setting. This distinctive mixed-use property features three commercial spaces, all leased to long-term tenants, plus an upstairs residential apartment that will be delivered vacant at close of escrow. The commercial tenant list includes the United States Postal Service (USPS), The Dog House restaurant, and Captain Davey's Espresso & Ice Cream, creating a diverse and well established mix of uses. The Dog House opened in 1986, the post office has been in the building since 1991, and Captain Davey's has been serving coffee, espresso, pastries, and ice cream at the property since 2008, all helping to establish the property's identity and visitor appeal. Located along Shoreline Highway 1, the property offers convenient access and exceptional exposure, complemented by unobstructed panoramic views of Bodega Bay, Bodega Head, and the Doran Peninsula. Ample on-site and street parking further enhances the property's functionality for both commercial tenants and visitors. The property was originally developed in the early 1980s by the seller's father and has remained in the family ever since creating a rare opportunity to acquire a property with both a longstanding local history and an established long term tenant roster. With three leased commercial spaces providing existing income and a residential unit becoming available at closing, this property offers an attractive combination of current cash flow and potential upside in one of California's most sought-after coastal communities. An exceptional opportunity to own a legacy property in Bodega Bay with established tenancy, multiple income streams, abundant parking, and extraordinary bay views.