501 Walnut St - Specialty FOR SALE


Red Bluff, CA 96080
$629,000 USD
530-351-1356
501 Walnut St, Red Bluff, CA for Sale
$629,000 USD
Specialty - FOR SALE
1/17
null | 8.2% Cap Rate

501 Walnut St
Red Bluff, CA 96080


HIGHLIGHTS

  • 60+ year history
  • Turn Key Operation
  • Apartments upstairs for additional rental income

OVERVIEW

Established, iconic business that has been owned and operated by the same family since 1961! This bar boasts a fun and relaxing ambiance where customers can come and unwind from their day. Property is located in a high visibility corner in downtown Red Bluff across form the Post Office. and includes everything you need to take over operations from Day 1. Includes all fixtures, furnishings, equipment, security and square systems, alcohol inventory, pool table, vintage shuffleboard, ATM and a very RARE Type 48 liquor license. Add to your income stream by renting out the two 1 bdrm apartments upstairs. Unfinished basement holds an office and liquor storage room, plus lots of storage and workspace.

FOR SALE DETAILS

PRICE

$629,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TIPS Bar

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,854 SF

ZONING

H-C

APN/PARCEL ID

029-373-004-000,029-373-015-000

ASK ABOUT THIS PROPERTY

Teresa DowneyColdwell Banker C&C PropertiesMore Info
530-351-1356

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Teresa DowneyColdwell Banker C&C PropertiesMore Info
530-351-1356

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