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Property profile & analytics
OFF-MARKET
Retail space

417 4th St Wheatland, CA 95692-9467

2,576 SF 0.11 ac lot Built 1910
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-1849186
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire Bill's Place Bar and Grill, a cherished Wheatland landmark boasting a remarkable 92-year history of continuous operation. Located at 417 4th Street, this well-established business occupies a substantial 2,576 square foot building situated on a 0.11-acre lot. The property's rich history and strong community ties offer a unique investment prospect for a discerning buyer. The existing infrastructure provides a solid foundation for continued success, allowing for immediate revenue generation and the potential for expansion or modernization to further enhance profitability. The property's prime location in Wheatland ensures high visibility and accessibility, attracting a loyal customer base and fostering a thriving atmosphere. This is a rare chance to own a piece of Wheatland's heritage and capitalize on the enduring appeal of a long-standing, successful business. The asking price for this turnkey operation is $690,000. Serious inquiries are encouraged to explore this exciting investment opportunity further. Detailed financial records and operational information are available upon request. Don't miss this chance to own a piece of Wheatland history and build upon its legacy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction TILT-UP CONCRETE
Total area 2,576 SF
Lot 0.11 ac (4,656 SF)
Zoning code C-2
APN 015-243-007-000
UPID US09-1849186
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bill's Place Bar & Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gregory E Cornell · 11 yrs held
Gregory E Cornell
since 2014
6 recorded transactions
2014
Price N/A
2014
$224,500
2008
$75,000
1999
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Wheatland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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