308 W 12th St - Hospitality FOR SALE


Alturas, CA 96101
$515,000 USD
707-455-4444
308 W 12th St, Alturas, CA for Sale
$515,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

308 W 12th St
Alturas, CA 96101


HIGHLIGHTS

  • City Sewer, Pacific Power Electric Company
  • Large Gravel Parking Area, Highway 299 Frontage
  • The owner's home behind the motel is negotiable
  • RESTAURANT Capacity of 66 guests, 15 tables
  • STORAGE SHED Used for Restaurant supplies, Additional Salad Bar

OVERVIEW

Wagon Wheel Restaurant and Motel is a Popular turn-key business in Alturas. The restaurant is a happening spot, serving breakfast and lunch 5 days a week. Voted the best eatery in 5 Counties. Located on a main thoroughfare between Lakeview, OR, and Redding, CA. Known for its comfort food, cozy atmosphere, and friendly service. The staff serve the customers in a large open room, with the ''BS'' table taking center stage. ''You have to earn your way up to sit at this table.'' Not sure if it's who tells the best stories or who has the most hot air, either way, it's a fun tradition. The fully equipped commercial kitchen is spotless with many extra amenities. Just turn on the lights, and it's ready to go. Very comfortable 6-room motel has spacious, clean rooms and is all well-appointed. Large staff/laundry room with extra space for storage, perfect for cleaning supplies, room products, and linens. This is a long-established business in a great location. Ready for a new owner to take the reins.

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$123 USD /SF

# OF ROOMS

6

PRICE/ROOM

$85,833 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wagon Wheel Restaurant and Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,651 SF

ZONING

Commercial

APN/PARCEL ID

001-068-008-000

ASK ABOUT THIS PROPERTY

Todd RenfrewCalifornia Outdoor Properties, IncMore Info
707-455-4444

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Todd RenfrewCalifornia Outdoor Properties, IncMore Info
707-455-4444

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