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    700 Main Street Loyalton, CA 96118

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    For Sale
    $175,000

    Commercial - Loyalton, CA

    Property size:
    1,255 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $139/SF
    Added:
    Dec 14, 2024
    Days on Market:
    493
    Last Refresh:
    Apr 21 at 5:06 pm

    Property Features for 700 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CC
    Parking features
    Paved or Surfaced
    Interior features
    No Steps, Refrigerator Space, Restrooms
    Exterior features
    High Traffic Location, High Visiblity, High Frontage, Refrigerator Space, Restrooms
    Standard status
    Active
    APN
    017-111-001
    Size
    1,255 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1968
    Floors in Building
    1
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Paula Erle

    Listing agent Paula Erle License #01306207

    Listing office Dickson Realty 11836 Donner Pass Road, Truckee, CA

    Listing date Dec 14, 2024

    MLS# 20242458 Listing URL

    Copyright © 2026 Tahoe Sierra Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant in Loyalton, CA

    This is a complete turnkey restaurant operation situated in the historical logging Town of Loyalton. The property features indoor seating for 40 and outdoor seating for 18, complemented by ample free parking. The location is at the northern edge of Tahoe National Forest, approximately 45 minutes from Truckee and Reno, offering a front-row seat to local events. The property size is 1255 square feet, situated on a lot of 0.04 acres. The zoning is CC, allowing for various business types. This property presents an opportunity to operate a business in the High Sierras.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Corner Cafe Restaurant

    Map

    City
    Loyalton
    County
    Sierra
    State
    California
    Longitude
    -120.23906
    Latitude
    39.675327

    Nearby Similar for Sale

    • $475,000

      Loyalton Commercial Opportunity For Sale

      Equipped restaurant, bar, and lodging near Sierra Valley.
      403 Railroad Avenue, Loyalton, CA 96118
      View Details
    • $175,000
      1,255 SF

      Turnkey Restaurant in Loyalton, CA

      Turnkey restaurant in Loyalton, ready for immediate operation.
      700 Main Street, Loyalton, CA 96118
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant in Loyalton, CA with indoor and outdoor seating.
    Where is this restaurant located?
    The property is located at 700 Main Street Loyalton, CA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Turnkey restaurant operation ready for immediate business.; Prime location in the heart of Loyalton, with indoor and outdoor seating.; Zoning allows for various business types beyond a restaurant.
    (530) 550-5025
    We can help!
    Listing Contact
    Paula Erle
    Real Estate License ID: 01306207
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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