423-429 Modoc Ave - Restaurant FOR SALE


Tulelake, CA 96134
$600,000 USD
541-608-0447
423-429 Modoc Ave, Tulelake, CA for Sale
$600,000 USD
Restaurant - FOR SALE
1/1
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423-429 Modoc Ave
Tulelake, CA 96134


OVERVIEW

After 39 successful years, the owners of Mike and Wanda's Restaurant and Lounge are offering this unique property for sale to the right person. The sale includes the 18,000 sq. ft. building, restaurant, bar, 4 apartments and 20 rooms with 4 shared bathrooms upstairs. All furnishings and equipment necessary to run the restaurant, bar and apartments are included. The liquor will be inventoried, itemized and close escrow simultaneously with the business per ABC process. The owners will itemize and keep a few personal items. Sale also includes a CA lottery system, an ABC liquor license type 47 with type 58 attachment. Liquor license allows beer and wine to be sold and taken off site. Walk in freezer has new refrigeration system, New Pizza Oven, and new Ice Cream Machine. List of equipment will be provided upon request.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

M-1 Mixed

APN/PARCEL ID

050-062-020

ASK ABOUT THIS PROPERTY

Dennis HallKeller Williams Realty Southern OregonMore Info
541-608-0447

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Dennis HallKeller Williams Realty Southern OregonMore Info
541-608-0447

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