Nicky's Lounge 354 Tiogue Ave

Investment Highlights

Well known building Can be used for commercial, retail, etc Great loacation for your resturant or private club or a Pizzeria Two floor with great squre feet High traffic count

Executive Summary

Long time owner says it is time to Retire! Here is a great opportunity to revitalize a long, well-established local bar and update it to a modern DIVE BAR or SPEAK EASY. This building is a great candidate for outstanding repurposing of this building for a restaurant, cigar bar, private club or maybe an ice cream stand, the list of new possibilities is endless. This is a well-known and standalone building, with a busy traffic count. The building has a total square footage of 2406 sq.ft. The first floor is currently the ongoing bar that operates 7 days a year and is 1522 sq. ft and has a covered patio area for outdoor seating that could make a great firepit area or outdoor kitchen. The second floor has a bathroom and large open area that should be used as a meeting or event room or possibly an apartment for added income or the building owner to live in. This unfinished second floor space is 884 square feet. A large corner lot of approximately 11.325 sq. ft serves as ample parking for this building.This well known, stand-alone location is Nicky's Lounge. Building is 1,522 square feet on the first floor with a second floor of 884. Total building of 2,406. Great visibility on Tiogue Avenue with a great traffic count of close to 18,000 vehicles a day.Ample on-site parking.Building could be used for numerous retail or commercial use,.

• Sale Type    Investment or Owner User
• Sale Condition    Building in Shell Condition
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding Office Medical Restaurant
• Building Size    2,406
• Year Built/Renovated    1933/1980
• Price    365,000
• Price Per SF    152
• Percent Leased    Vacant
• Building Height    2 Stories
• Building FAR    0.21
• Land Acres    0.26 AC

• Bus Line
• Corner Lot
• Courtyard
• Freeway Visibility
• Restaurant
• Signage