484 Highway 99 - Restaurant FOR SALE


Gridley, CA 95948
$650,000 USD
279-386-8762
484 Highway 99, Gridley, CA for Sale
$650,000 USD
Restaurant - FOR SALE
1/5
null | 5.3% Cap Rate

484 Highway 99
Gridley, CA 95948


HIGHLIGHTS

  • Great Location: High-visibility spot on State Highway 99 in Gridley, CA.
  • Turnkey Restaurant: Fully operational, currently Casa De Alma Camaron Pelao.
  • Spacious Layout: 2,545 sq. ft. building with ample dining and kitchen space.
  • Large Lot: 36,590 sq. ft., potential for expansion or outdoor seating.
  • High Traffic: Excellent exposure in a growing commercial corridor.
  • Strong Community Presence: A go-to dining destination for locals and visitors.

OVERVIEW

+/- 2,545 SQ. FT. RESTAURANT BUILDING 100% LEASED INVESTMENT PROPERTY This fully leased restaurant investment offers a steady income stream with a well-established tenant in place. Situated directly on State Highway 99, the property benefits from high daily traffic and excellent visibility. The 2,545 SF building sits on a generous 36,590 SF lot, providing potential for future enhancements. With a 5.3% cap rate and a secure lease through 2027, this opportunity delivers immediate cash flow in a growing market.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,979 SF

ZONING

AG-40

APN/PARCEL ID

024-160-033-000

ASK ABOUT THIS PROPERTY

Stanislav YevtushenkoROME Real Estate GroupMore Info
279-386-8762

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Stanislav YevtushenkoROME Real Estate GroupMore Info
279-386-8762

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