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Restaurant With Outdoor Dining
For Sale
$1,275,000

320 Main Street, Fortuna, CA 95540

Established restaurant with a deck, expanded parking, backup generation, and a liquor license.

Property Size3,014 SF
Price / SF$423.03
Days on Market65

Property Features for 320 Main Street

General Information

Standard status Active
Size 3,014 SF
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Amenities

deck
Back-up generator
Carpeted Flooring
Partially Carpeted Flooring
Plank Flooring
Listing Agency: LANDMARK REAL ESTATE
Listed By: JEREMY STANFIELD · License #01339550
Source: Corcoran
Added: Aug 13 Changed: Oct 3 Last Checked: Oct 14 at 10:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LANDMARK REAL ESTATE

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Investment Insights

Based on property information with market context.

This restaurant offering includes the operational components needed for continued service, including inventory, fixtures, equipment, and a liquor license. The property also features a new outdoor dining area with a deck, an expanded parking lot, and a backup generator. The restaurant is currently open 5 days a week, with recipes available for transfer and training offered to a qualified successor.

Located at 320 Main Street in Fortuna, California, the offering comprises 3 separate parcels. The existing operation includes a menu and beverage program, while the property’s physical improvements support both indoor and outdoor dining. The restaurant provides an opportunity to acquire an established food-service operation with its equipment and site features in place.

Key Highlights

  • Restaurant offering includes liquor license, inventory, fixtures, and equipment
  • New outdoor eating area with deck
  • Expanded parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,429
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,580 $1.5M
Cap Rate 7%
$1,077,557 $1.1M
Cap Rate 9%
$838,100 $838.1K
Market Conditions
NOI Build-Up for 3,014 SF
Gross rent
$112.1K $37.20/SF
− Vacancy
−$11.5K −$3.83/SF
EGI
$100.6K $33.37/SF
− OpEx
−$25.1K −$8.34/SF
NOI
$75.4K $25.03/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,580
Cap Rate 7%
$1,077,557
Cap Rate 9%
$838,100

Alternative Uses

Best Use
Specialty Retail
$1.08M
$942.9K – $1.26M (±1% cap)
NOI $75,429 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.14M
$995.9K – $1.33M (±1% cap)
NOI $79,675 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Double D Steak ... Restaurant

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply Storage Facility Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 30% Home Improvements & Furnishings 5%
Chevron Shops & Services
7,218 visits/mo 0.4 miles
Little Caesars Pizza Dining
3,396 visits/mo 0.5 miles
Sunbelt Rentals, Inc. Home Improvements & Furnishings
604 visits/mo 0.0 miles

Demographics for 95540, CA

14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant with a deck, expanded parking, backup generation, and a liquor license.
Where is this conventional restaurant located?
The property is located at 320 Main Street Fortuna, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Restaurant offering includes liquor license, inventory, fixtures, and equipment; New outdoor eating area with deck; Expanded parking lot
More about this property
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