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Key Details
Sold Price $551,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221088514
Sold Date 12/01/21
HOA Y/N No
Year Built 1935
Lot Size 3,485 Sqft
Acres 0.08
Property Sub-Type Retail
Source MLS Metrolist
Property Description
This offering provides an opportunity for an investor to acquire a fully leased 3,213 sf restaurant building located at one of the prime corners in the heart of the recently renovated Plumas Street Shopping District. The property is leased by Justin's Kitchen, one of the premier restaurants in the area. The layout interior layout includes multiple dining areas, 2 bars, kitchen, three restrooms and a small outdoor seating area. This location benefits from excellent visibility, substantial foot traffic and the strong demographics of the Sutter-Yuba area with a metro population of over 168,000. Offered at a 7% cap rate, the financials are available with the signing of Non-Disclosure Agreement. Located 40 miles north of Sacramento, Yuba City is the agricultural, economic, and social hub of the Yuba-Sutter Region. Providing a unique blend of urban amenities and small-town charm, Yuba City's downtown is the perfect backdrop for shopping & entertaining.
Location
State CA
County Sutter
Area 12410
Direction Located at the corner of Plumas Street and Scott Street, the property can be accessed either from Bridge Street or from 10th Street.
Location Details Public Transportation Nearby,Downtown,Restaurant Nearby,Shopping Nearby,Hospital Nearby
Interior
Heating Central
Cooling Central, MultiUnits
Flooring Tile
Exterior
Parking Features Street
Utilities Available Separate Gas Meter, Separate Water Meter, Telephone, Cable Connected, Underground Utilities, Internet Available, Natural Gas Connected
Water Access Desc Meter on Site,Public
Roof Type Composition,See Remarks
Road Frontage City Street
Building
Lot Description Corner, Sidewalk/Curb/Gutter, Street Lights
Story 1
Foundation Slab
Sewer Public Sewer
Water Meter on Site, Public
Others
Senior Community No
Tax ID 52-226-09
Special Listing Condition None
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Bought with Prestige Realty