Turnkey Restaurant and
For Sale
$250,000
511 2nd Street, Eureka, CA 95501
Turnkey restaurant and lounge with Type 47 full liquor license and included improvements, equipment, and fixtures.
Property Size3,162 SF
Price / SF$79.06
Days on Market185
Property Features for 511 2nd Street
General Information
Standard status
Active
Size
3,162 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Liquor License
Yes
Listing Agency:
LAND X REAL ESTATE INC.
(530) 848-3314
Listed By:
NATHAN BAXLEY
Source:
Corcoran
Added: Feb 2
Changed: Jul 10
Last Checked: Aug 6 at 4:58AM
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 LAND X REAL ESTATE INC.
Investment Insights
Based on property information with market context.
This offering presents Restaurant 511 and The Pearl Lounge together as a single, turnkey hospitality operation. The sale includes the Type 47 full liquor license, along with all tenant improvements, equipment, and fixtures. The business is presented as ready to operate with goodwill and an established brand reputation included in the transaction.
The property is located in the heart of Eureka’s Old Town historic district. Public remarks note proximity to the iconic gazebo and the waterfront, in one of Humboldt County’s more walkable and tourist-frequented areas.
For buyers seeking an operational restaurant and lounge, the included liquor license and turnkey package can simplify the transition from ownership to operation. The combined concepts may support a range of dining and beverage-driven programming, while the existing improvements, equipment, and fixtures are intended to allow for continued use without requiring immediate build-out. Please contact the broker for additional details on the included items and to arrange a viewing.
The property is located in the heart of Eureka’s Old Town historic district. Public remarks note proximity to the iconic gazebo and the waterfront, in one of Humboldt County’s more walkable and tourist-frequented areas.
For buyers seeking an operational restaurant and lounge, the included liquor license and turnkey package can simplify the transition from ownership to operation. The combined concepts may support a range of dining and beverage-driven programming, while the existing improvements, equipment, and fixtures are intended to allow for continued use without requiring immediate build-out. Please contact the broker for additional details on the included items and to arrange a viewing.
Key Highlights
- Restaurant 511 and The Pearl Lounge sold together as one business opportunity
- Includes a Type 47 full liquor license with the sale
- Sale includes all tenant improvements, equipment, and fixtures
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,946
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 32%
Hotels & Casinos 14%
Beauty & Spa 3%
Starbucks
Dining
12,629 visits/mo
0.2 miles
Chase Bank
Shops & Services
6,056 visits/mo
0.1 miles
U.S. Bank
Shops & Services
4,862 visits/mo
0.2 miles
Best Western Plus Humboldt Bay Inn
Hotels & Casinos
4,022 visits/mo
0.5 miles
Chevron
Shops & Services
3,805 visits/mo
0.4 miles
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant and lounge with Type 47 full liquor license and included improvements, equipment, and fixtures.
Where is this conventional restaurant located?
The property is located at 511 2nd Street Eureka, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Restaurant 511 and The Pearl Lounge sold together as one business opportunity; Includes a Type 47 full liquor license with the sale; Sale includes all tenant improvements, equipment, and fixtures
