2017 Palmetto Ave - Restaurant FOR SALE


Pacifica, CA 94044- Sharp Park
$1,650,000 USD
650-726-4421
2017 Palmetto Ave, Pacifica, CA for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

Jul '26


2017 Palmetto Ave
Pacifica, CA 94044
Sharp Park


OVERVIEW

Well, it is official, it is time to pass the torch. Family owned property for 25 years and has been owner operated for the last 7 years. This fun and cozy little beer joint could use catching up on the deferred maintenance but can be a real money producer for a dedicated person who wants to put in the time. Here is what to know: I love it here but, now in the middle of my 50s, I do not have the ability to juggle as many chainsaws as I used to. I love cooking and have loved sharing hospitality with the community and tourists alike. I have been working on a new hospitality property on the Oregon Coast and it is time to make the transition. This property is in the heart of Pacifica's tourism focus and features the annual Fog Fest. The business currently has a license to brew beer that is not being used so if you want to be in the beer brewing business, it is ready to go sans equipment. The business and most equipment comes with the purchase (most of the nautical and vintage beer decoration are personal and are not part of the sale). There is a tenant renting parking lot space to show tiny homes which brings in a few extra bucks. Monthly sales are reflecting an owner who is not able to put the time in there these days. People love the pizza, bbq, and beer that has been served regularly since September 2019. The property could use some love but is a great canvas to invest in the future of Pacifica with an ideal future use and development being a combination of residential and commercial. This is not a fire sale and I have another property being listed in case I do not get offers I am willing to take on this one. Interested parties are welcome to contact me and I am willing to entertain reasonable discussions with persons who can prove to be qualified buyers. I am willing to keep some of the equipment and take a few bucks off the deal. Please do not call with all the reasons you think the property is run down and needs to be deeply discounted. Please do not call telling me how much better I will do if I list the property with you. Please do not come in and expect to tour the place without an appointment.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$980 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,102 SF

ZONING

C10000

APN/PARCEL ID

016-191-320

ASK ABOUT THIS PROPERTY

Scott frazierLaw Offices Scott FrazierMore Info
650-726-4421

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Scott frazierLaw Offices Scott FrazierMore Info
650-726-4421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.