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823 Broadway 101, Eureka, CA 95501

$800,000
Property Type: Commercial Square Footage: 2,565 Lot Size (sq. ft.): 13,068 Status: Sold
Current Price: $950,000 List Date: 2/07/2018 Last Modified: 9/09/2024

Description

Golden Opportunity.Here is a turn key operation that would allow a buyer to open without delay and get their business started. The building and all restaurant equipment have been newly remodeled in 2012. This very successful owner, in business for over 30 years has decided to retire. Restaurant can be purchased separately for $250,000 and owner would lease Real Estate. The remodel from top to bottom includes new roof, heater, wiring, plumbing, hood, ventilation, and finishes, and a new kitchen with top of the line equipment. The double sized lot with 120 feet along Broadway fronts both the North and South lanes of Highway 101 and offers exposure to over 40,000 cars a day. There is a four way stop light on the corner that provides easy access to the 20 car parking lot. A rare opportunity.

More Information MLS# 249924

Property Description

Realtor.com Type: Commercial Lot Size: .25 - .49 Acres Construction Status: Existing Lot Acres: 0.3 Road Frontage: 120 Flood Zone: No List Price/SqFt: 370.37 Sold Price/SqFt: 311.89 Type of Property: Commercial Main House SqFt: 2565

Building Description

Year Built: 1983 Total Baths: 2 Baths - Handicap Acc: Yes # Units: 1 Basement: None Condition: Excellent Historic Registry: No # of Floors: 1 # of Parking Spaces: 20 Door Height: 68 Ceiling Height: 10 Phone Service: yes

Location, Legal and Taxes

APN: 001-048-014

Zoning

Commercial: 1

Possession

Imm With Buyer Rent: 1

APOD

GOI: 335000

Income & Expenses

Adjusted Gross Inc: 469496 Annual Gross Rev: 469496 Cost of Sales: 130652 Net Operating Inc: 338844 Total Expenses: 236043 Financials Available: 1

Square Footages

Total Building SqFt: 2565

Business

Business Description: Restaurant Business Name: Liu's Oriental Cuisi Real Estate Included: Yes Estimated Value: 40000 UCC Filing: No Inventory Incl: Yes Inventory Included: Yes Equip Incl: Yes Equip Included: Yes Equipment up to Code: Yes List Avail: Yes Furniture Incl: Yes Furniture Included: Yes License Incl: Yes License Included: Yes Fixtures Incl: Yes Fixture Included: Yes MDSE/Supp Incl: Yes MDSE/Supp Included: Yes

Type of Use

Food Service: 1 Free Standing B: 1

Existing Use

Retail Service: 1

Utilities

Circuit Breaker: 1 Electric: 1 Gas: 1 Telephone: 1 220 Volt: 1 440 Volts: 1

Siding

Cement Composite: 1 Wood: 1

Location

Central Business: 1

Foundation

Slab: 1

Construction

Wood Frame: 1

Roof

Membrane: 1

Insulation

Dual Pane Window: 1 Partially Insulated: 1 Wall: 1

Financing Terms

Cash: 1 Conventional: 1

Parking

11 - 20 Spaces: 1 On Site: 1 Paved: 1

Heating

Forced Air: 1 Natural Gas: 1

Exterior Features

Parking District: No

Exterior Amenities

Alley: 1 Handicap Rails: 1 Landscaping: 1 Major Road Access: 1 Public Trans: 1 Sidewalks: 1

Interior Amenities

Fire Sprinkler: 1 Handicap Access: 1 Handicap Restroom: 1 Security System: 1

Cooling

Air Conditioning: 1 Central Air: 1

Flooring

Tile: 1 Vinyl: 1

Storage

50 + SqFt: 1

Sale Includes

Land & Building: 1

Listing Information

Status: Sold List Date: 2018-02-06 List Price: $950,000 Current Price: $800,000 Sold Date: 2018-08-31 Sold Price: $800,000

Location Legal and Taxes

Area: South Bay House Number: 823 Street Name: Broadway Street Suffix: 101 Sub-Area: Eureka State: CA Zip Code: 95501 Cross Street: Washington Street

Directions and Remarks

Directions: Corner of Broadway and Washington Street at the four way stop light.

Property Features

Zoning: Commercial Type of Use: Food Service; Free Standing B Existing Use: Retail Service Location: Central Business Foundation: Slab Construction: Wood Frame Siding: Cement Composite; Wood Roof: Membrane Insulation: Dual Pane Window; Partially Insulated; Wall Parking: 11 - 20 Spaces; On Site; Paved Exterior Amenities: Alley; Handicap Rails; Landscaping; Major Road Access; Public Trans; Sidewalks Utilities: 220 Volt; 440 Volts; Circuit Breaker; Electric; Gas; Telephone Heating: Forced Air; Natural Gas Cooling: Air Conditioning; Central Air Interior Amenities: Fire Sprinkler; Handicap Access; Handicap Restroom; Security System Flooring: Tile; Vinyl Storage: 50 + SqFt Sale Includes: Land & Building Possession: Imm With Buyer Rent Financing Terms: Cash; Conventional
Listing Office: Four Star Realty /m
IDX
Last Updated: September - 09 - 2024
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.