22 Boyes Blvd

Investor/Owner opportunity in the heart of Boyes Hot Springs, California: 22 Boyes Blvd is a fully occupied, freestanding retail strip center totaling ±9,256 square feet on ±0.27 acre of C-2-zoned land. Constructed in 1953 and built with durable wood-frame construction, the property comprises four suites anchored by a U.S. Post Office (3,078 SF lease through April 30, 2027). Strategically positioned on Highway 12 adjacent to the prestigious Fairmont Sonoma Mission Inn, this site benefits from high daily traffic counts, strong tourist draw and complementary hospitality uses.

Priced at $2,250,000—just $243 per square foot—this offering presents a compelling value proposition, trading at a significant discount to its 2024 assessed value of $3,183,624. Total annual property tax of $43,133 underscores the opportunity for enhanced cash-on-cash returns. With stable rental income in place and C-2 zoning permitting a diverse mix of retail, service and hospitality uses, the asset can serve as a core holding or value-add play for institutional investors, private equity groups or owner/users.

The parcel (APN 056-402-001) offers both immediate cash flow and future upside through lease rollovers or repositioning. Tenants enjoy proximity to world-class amenities and year-round tourism traffic in Sonoma Valley, while ownership can leverage the site’s prominent corner exposure for signage and branding. Kidder Mathews is sole listing broker; sale is subject to Chapter 11 proceedings with seller as debtor in possession. Interested parties are invited to request the confidential offering memorandum and explore tailored acquisition strategies.