Turnkey Income with 8.12% Cap Rate – Bar & Restaurant Investment on Main Street
Located in the charming town of Foresthill, this fully leased mixed-use commercial building offers immediate cash flow with a cap rate of 12%. The property houses two established tenants—a bar and a restaurant—each operating under leases with recent rent increases aligning with current market conditions.
With an NOI of $36,100, this asset provides reliable passive income. The building is older but structurally sound, with future upside available through renovations or strategic tenant repositioning. Foresthill is a community with historic charm and steady local traffic—perfect for long-term holding or as a value-add opportunity.
Whether you're a seasoned investor or looking for a 1031 exchange, this Main Street gem delivers stability, upside, and income from day one.