About This Restaurant
Investment Highlights
Executive Summary
Great historic Commercial Triplex building in Downtown Red Bluff. So many possibilities. Would make a great bar or Cafe location in theCorner Unit. Office and retail would do great with the exposure to Walnut St traffic. The building had a restaurant in a corner unit at onepoint. Two units occupied by a Medical sales company. In 2022 New Roof, HVAC units, Masonry work, kitchen cabinets, Interior Paint.Old Brick work makes gives units great character.
Property Details
- Sale Type Investment or Owner User
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Bar Bar General Retail Convenience Store General Retail Restaurant Bar
- Building Size 4,137
- Year Built/Renovated 1941/2021
- Price 500,000
- Price Per SF 121
- Cap Rate 9
- NOI 45,000
- Percent Leased 100
- Building Height 1 Story
Nearby Amenities & Transportation
| Retail | Umpqua Bank | ||
| Retail | U.S. Bank | ||
| Retail | Bank of America | ||
| Retail | Banner Bank | ||
| Retail | Round Table Pizza | ||
| Retail | FoodMaxx | ||
| Retail | Shari's Restaurant | ||
| Retail | Tri Counties Bank | ||
| Retail | Casa Ramos Mexican Restaurant | ||
| Retail | the Human Bean |
| Date Created: | 2024-07-16 04:09:23 | Last Updated: | 2024-07-16 04:09:23 |
| Address: | 625 Walnut St , Red Bluff, California, 96080 | ||