5312 Old Redwood Hwy - Restaurant FOR SALE


Petaluma, CA 94954- Greater Petaluma
$3,000,000 USD
408-209-7781
5312 Old Redwood Hwy, Petaluma, CA for Sale
$3,000,000 USD
Restaurant - FOR SALE
1/56
null | Request Cap Rate

5312 Old Redwood Hwy
Petaluma, CA 94954
Greater Petaluma


HIGHLIGHTS

  • Vacant Former IHOP Restaurant. Great Location off of Hwy 101 @ Redwood Highway
  • Conveniently Located near Redwood Business Park
  • Large daytime population 15,058 in 3 mile radius
  • Freestanding Pad Building in front of Wilco Hardware
  • Fully Improved Restaurant. Fully equipped with all kitchen equipment.
  • Average Household income $125,880

OVERVIEW

Former IHOP Restaurant. Fully Improved Restaurant. 3 In-ground Grease Interceptors, 1,500-Gallons. Multiple Stainless Steel Exhaust Hoods (main cooking line is over 22’ long). Total Building Area: 5,005 Square Feet Total Land Area: 23,958 SF / .55 Acres Asking Sale Price: $3,000,000 Real Property Taxes (2024-2025): APN 137-011-059 $1,889.00 per month Insurance: $1,900 per year All Risk; $6,600 per year Earthquake. Interior Seating for 168 Maximum plus exterior patio seating possible. Restaurant furniture, fixtures and equipment included.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

IHOP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

CH: Commercial Highway

APN/PARCEL ID

137-011-059

ASK ABOUT THIS PROPERTY

Mark BiaginiBiagini Properties, Inc.More Info
408-209-7781

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Mark BiaginiBiagini Properties, Inc.More Info
408-209-7781

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