Selzer Realty & Associates


Listing ID322074166
Price$2,500,000
Price/SqFt$487.42
StatusActive
SqFt 5,129
Acres 0.545
CountyMendocino
Year Built1965
Property TypeCommercial Sale
Property Sub TypeMixed Use
This cash cow investment has a 23.6% cap rate at the asking price of $2,500,000! A rare opportunity to buy a profit restaurant that includes the building, equipment and liquor license. The building is over 5,100 square feet, with on-sight parking, and seating for approx. 300 customers. This state-of-the-art restaurant was completely renovated in 2019. The equipment, fixtures and finishes are all first class. The restaurant is closed on Sunday and only open for lunch and dinner, which gives the new owner opportunities to expand the hours and income. The owner would like to retire and hand the baton to the next entrepreneur. Financials available with NDA and proof of ability to purchase.
Copyright 2022 Bay Area Real Estate Information Services. Any offer of compensation is made exclusively to Broker Participants of the MLS where the listing is filed. All rights reserved.
Data last updated Sunday, October 2nd, 2022 07:59:25 PM.
#IDX-primaryPhoto,#idx-details-headerListed by: Tom Larson from Luxe Places International Realty (707) 433-8000

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