Lost coast view

Search

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

Overview

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.

Listing Details MLS# 249924

Listing Information

Pended Date
2018-07-03
Sold Date
2018-08-31

Property Description

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

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.

APOD

GOI
335000

Building Description

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

More Information

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

Exterior Features

Parking District
No

Location, Legal and Taxes

APN
001-048-014

Zoning

Commercial
Yes

Possession

Imm With Buyer Rent
Yes

Income & Expenses

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

Type of Use

Food Service
Yes
Free Standing B
Yes

Existing Use

Retail Service
Yes

Utilities

Circuit Breaker
Yes
Electric
Yes
Gas
Yes
Telephone
Yes
220 Volt
Yes
440 Volts
Yes

Siding

Cement Composite
Yes
Wood
Yes

Location

Central Business
Yes

Foundation

Slab
Yes

Construction

Wood Frame
Yes

Roof

Membrane
Yes

Insulation

Dual Pane Window
Yes
Partially Insulated
Yes
Wall
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Parking

11 - 20 Spaces
Yes
On Site
Yes
Paved
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Exterior Amenities

Alley
Yes
Handicap Rails
Yes
Landscaping
Yes
Major Road Access
Yes
Public Trans
Yes
Sidewalks
Yes

Interior Amenities

Fire Sprinkler
Yes
Handicap Access
Yes
Handicap Restroom
Yes
Security System
Yes

Cooling

Air Conditioning
Yes
Central Air
Yes

Flooring

Tile
Yes
Vinyl
Yes

Storage

50 + SqFt
Yes

Sale Includes

Land & Building
Yes

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.