Shopping center

Long-standing Napa mall for sale | Local News

Repair of shoes, tattoos, bicycles, hair, nails, vitamins, candles and even horoscopes and astrological advice from a medium.

For years, the mall at 2500 Jefferson St. in Napa has been a hub for all of this and more.

But you don’t need a tarot card reading to know that change is on the horizon on this block. The mall, located across from Napa High School, is for sale. The asking price? $3.5 million.

Michael C. Holcomb of Strong & Hayden commercial real estate is the center’s listing agent. He is owned by a family trust called the Anderson AL Survivors Trust of Boise, Idaho, according to county records.

According to Holcomb, for members of the trust, “it seemed like a good time” to sell.

The property comprises approximately 12,000 square feet and is almost 100% leased.

“It’s been pretty well maintained (and) the infrastructure is in pretty good shape,” Holcomb said. About half of the units have recently been renovated.

People also read…

Visibility is another selling point, the real estate broker said. “Jefferson is a major artery in Napa. It is a good street in which to invest.

Tenant Ana Escalante, owner of the Centro Astrologico in the mall, said she didn’t immediately realize the mall had gone up for sale.

It was a bit of a surprise, Escalante said in Spanish. She has been a tenant of the center for 27 years. She is so established that her daughter and granddaughter have both opened businesses, one offering beautician services, the other offering hair and nail care, in the same mall.

Centro Astologico offers tarot card readings and energy cleansing sessions. The shop also sells jewelry, statues of saints, crystals, religious objects and even “love potions”.

Escalante said she hopes the new landlord wants to work with existing tenants to maintain their spaces and leases.

“I’m open to any improvements,” she said.

Or maybe she and the other tenants should combine their resources and try to buy the center themselves, she thought.

“We could meet to talk about it,” she postulated.

Keith Kimbrough, owner of The Hub bike shop, is another longtime tenant. His business has been located at 2500 Jefferson St. for about 13 years, but before that other bike shops operated on the site. And many years ago, before the rest of the mall was built, his store housed Chic’s Burgers, Kimbrough recalls. At the time, the mall was known as “College Center”.

“It’s a little funky,” Kimbrough said of the old building, but “we like it here. We’re comfortable,” and the mall has ample parking, he said. he noted.

If the center’s new owner wants to make improvements, “that would be great,” he said. “We are open to anything.”

The centre’s new tenant is Paradise Lost Tattoo Studio and Gallery. The company opened at the end of May in the former sports area of ​​the Colosseum.

Aurelio Delgado, the general manager of Paradise Lost, said that so far business has been good.

“Everyone in Napa is going down Jefferson,” he said.

He’s not too concerned about a potential new owner.

“As a new tenant, we can always worry about something, but it’s not in our hands.”

Delgado said he was not surprised at the $3.5 million price tag.

“Napa is expensive, so that sounds about right.”

Whoever ended up buying the center had an idea for an improvement.

As it stands, customers from businesses on either side of the center use the parking lot “all the time”, he said. Delgado would like to see customer parking enforced.

Other than that, “we’re fine,” he said. “We are just here to work.”

Holcomb acknowledged that the general area around the center is more of a “hodgepodge” of commercial buildings, “but I believe in Jefferson,” he said.

Holcomb also happens to be a real estate developer. Is the center something he would consider buying?

Not now, said Holcomb.

“I have my plate full,” with other projects including the redevelopment of the Food City center and a brewery and retail space being built on First Street, Holcomb said.

“But it’s a great investment. I imagine someone there will understand that and take advantage of the opportunity.”

You can reach reporter Jennifer Huffman at 256-2218 or [email protected]