22184 Highway 299 E - Restaurant FOR SALE


Bella Vista, CA 96008 | 
$799,000 USD
22184 Highway 299 E, Bella Vista, CA for Sale
$799,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

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22184 Highway 299 E
Bella Vista, CA 96008


HIGHLIGHTS

  • Busy highway location

OVERVIEW

The property contains a restaurant building of approximately 1800 sq. ft with a fenced outdoor patio. There is also a 2 bedroom 1 bath house that is approximately 1200 sq.ft. and is rented for $ 1080 per month, a separate 1 bedroom 1 bath unit that is approx. 600 sq.ft. and is rented for $ 690 per month as well as a separate 3 bedroom 2 bath house that is approx. 1100 sq.ft. with attached 2 car garage, and fenced yard rented for $ 1800 per month all on 8 acres. The restaurant, which has been in use for over 30 years, has been updated but is currently not operating. This makes it ideal for either an owner operator or investor that would rent the restaurant for increased income. The three residential units are currently all rented with two of the tenants having been there for multiple years. The restaurant and the three bedroom house have just been renovated and updated. The property is 8 acres in size and there is the possibility of splitting two 2 acre parcels at the north end of the property for further revenue possibilities.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$166 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

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.15 AC

LAND SF

355,014 SF

ZONING

MU & RR

APN/PARCEL ID

305-310-066

ASK ABOUT THIS PROPERTY

Hans MonvikRE/MAX of ReddingMore Info

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Hans MonvikRE/MAX of ReddingMore Info

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