2675 State Highway 140 - Restaurant FOR SALE


Catheys Valley, CA 95306
$1,400,000 USD
562-254-8677
2675 State Highway 140, Catheys Valley, CA for Sale
$1,400,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

2675 State Highway 140
Catheys Valley, CA 95306


HIGHLIGHTS

  • Multiple Income Streams
  • Value-Add Opportunity
  • Tourism-Driven Location
  • Approx. 2 Acres of General Commercial (CG) Zoning
  • ABC License for Restaurant & Retail Store Sales- Can be Transable
  • Gas Station with Fuel Sales Component

OVERVIEW

**Gateway to Yosemite Mixed-Use Investment Opportunity** Rare opportunity to acquire a diversified mixed-use commercial asset located along California Highway 140, one of the primary gateways to Yosemite National Park. Situated on approximately 2 acres of General Commercial (CG) zoned land, the property benefits from exposure to an estimated 3 million+ annual travelers and strong local community support. The property features a gas station with fiberglass fuel tanks installed in 2012, a ±3,500 SF retail building divided into multiple income-producing spaces, a United States Post Office tenant, restaurant facility with commercial kitchen, convenience store, separate feed store building, outdoor event and picnic area, and three residential homes. Investment Highlights: • Asking Price: $1,400,000 • Proforma Cap Rate: 17.28% • Proforma NOI: $241,860+ • Highway 140 Frontage & Visibility • Gateway Corridor to Yosemite National Park • Gas Station with Fuel Sales Component • ABC License Included for Restaurant & Store Alcohol Sales (subject to transfer approval) • United States Post Office Tenant • Three Residential Homes (2 currently rented generating approximately $3,300/month) • Outdoor Event Venue & Picnic Area • Separate Feed Store Building • Approved Alternative Energy Source Opportunity with Potential EV Charging Station Expansion • Three Wells, Four Septic Systems, Individually Metered Utilities • Significant Value-Add and Future Development Potential This unique asset offers investors multiple revenue streams from retail, fuel sales, restaurant operations, residential rentals, event space, government tenancy, and tourism-related business opportunities in one of California's most heavily traveled tourism corridors.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Service Station, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

600

APN/PARCEL ID

016-140-003000

ASK ABOUT THIS PROPERTY

Carlos AscencioREAL Brokerage | AG Commercial GroupMore Info
562-254-8677

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Carlos AscencioREAL Brokerage | AG Commercial GroupMore Info
562-254-8677

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