Mark Pope, the owner of Bounty Hunter Rare Wine & Spirits on First Street, is in escrow to purchase the commercial building a block away at First and Main streets that is home to Tuscany restaurant.
Pope said he intends to open a new Bounty Hunter restaurant at the site. The current restaurant at 957 First St. would be turned into a wine and spirits shop.
“We are excited about plans we are developing,” Pope said on Friday.
One possibility is to add stories to the one-story Tuscany building. “We’re considering whether or not that corner needs to have a three- to five-story building, or two-story with deck,” he said.
Pope said he expects to complete his purchase in the next 45 days. He declined to reveal the purchase price.
The Tuscany structure was built around the end of the 19th century and later seismically retrofitted, but “the building has challenges that need to be addressed,” Pope said. “We will take it down to the studs or knock it down.”
The space was listed for sale in January for $2.5 million. Currently home to Tuscany restaurant and the Shig Kita jewelry store, the 4,350 square-foot building has been owned by the York and Davis families of Napa for many years.
The owners “feel the timing is right” to sell, said co-listing agent Cathy D’Angelo Holmes.
The new space would give Pope a chance to spread out a bit. Bounty Hunter’s current home is about half the size of the Tuscany building, he said. “We’ve done about everything we can do max out the existing Bounty Hunter,” he said.
“I’ve always liked that building,” Pope said of the Tuscany space. “There’s nothing more local than First and Main,” he said. “It’s the epicenter for Napa” and “a wonderful place to congregate and eat and drink well.”
The upper floors of a possible multi-story building could become home to Bounty Hunter corporate headquarters, he said. The business enterprise, which mails more than 2 million wine catalogs yearly, now leases about 9,000 square feet in downtown Napa. With the additional space, “We could put everything under one roof,” he noted.
The current home of Shig Kita watchmaker could become a private event space, Pope said, but no decisions have been made.
In January, Kita said he would remain a tenant if he could. “It depends on what the situation is,” he said.
Pope said the operators of Tuscany restaurant will be moving on when their lease ends in the coming months. David Leuschner of Tuscany could not be reached on Friday afternoon.
The Bounty Hunter news comes as two long-time tenants at the northwest corner of First and Main are going through their own transitions. Retail store Baker Square Downtown will close Saturday, said owner Brenda Roberts.
The China Light restaurant next door will move to another location in the coming months, said Michael Holcomb, the owner of the building, which contains a new Starbucks. Holcomb has not announced any new tenants for the space.