The William Tell House 26955 State Route 1

26955 State Route 1 , Tomales, California, 94971 | 6,686 sq.f | $ 2,650,000

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About This Restaurant

Investment Highlights

Historic Spacious Mahogany Bar with 3 service wells Spacious Dining Room Large Outdoor Dining/Event Patio

Executive Summary

Prime opportunity to invest in this LLC and own/operate a historic restaurant and bar($2,400,000 for the building/property + $250,000 for the business & type 48 license) and manage some well-appointed short term rentals. The William Tell House has a long and storied history in Marin County. It is currently operated with a full restaurant and bar and 4 self-service short-term rental rooms with potential to expand or room for an owner/operator. The William Tell House is heralded as the oldest bar in Marin County. This historic saloon dates back to 1877 and features a 100-year old mahogany bar. The restaurant has been recently renovated and is well equipped with a spacious dining room and a large outdoor dining area. The right food and beverage program would be scalable to grow for the tourism season and trim down to serve the local community outside peak season. The spacious bar is equipped with a 5-tap beer system and three speed well stations. The restaurant most recently offered over-the-counter service to position it for high volume. The dining room is updated and equipped for service. It also has a type 1 hood and is well equipped for most types of cooking. Being situated right off Hwy 1, the restaurant is positioned to capture many tourists making their way to Dillon Beach or Bodega Bay. Uniquely positioned to be the local entertainment and dining choice featuring fresh local ingredients and a tourists' haven, The William Tell also has great expansion opportunities as an event or wedding venue too!

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Bar General Retail Restaurant Storefront Retail/Residential
  • Building Size    6,686
  • Building Class    C
  • Year Built    1877
  • Price    2,650,000
  • Price Per SF    396
  • Percent Leased    100
  • Building Height    2 Stories
  • Building FAR    0.40
  • Land Acres    0.38 AC

Amenities

  • Restaurant

Property Taxes

Parcel Number 102-074-18 Improvements Assessment $541,346 (2023)
Land Assessment $1,536,838 (2023) Total Assessment $(1) (0.00/SF)
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 26955 State Route 1 , Tomales, California, 94971