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    5020 19 1/2 Ave Riverdale, CA 93656

    Sponsored
    For Sale
    $800,000

    Turnkey bar, apartment, & ample parking.

    Property size:
    6,804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully operational, turnkey bar and a separate apartment building situated on a 0.75-acre lot in Riverdale, CA. The bar, encompassing approximately 5,600 square feet, boasts a recently remodeled interior featuring a state-of-the-art, fully operational kitchen equipped with multiple refrigerators and freezers, a large open area perfect for patrons, a hood range, and two restrooms. All existing furniture, fixtures, and equipment (FF&E) are included in the sale price of $800,000. Adjacent to the bar is a 1,500-square-foot apartment building, constructed in 2014 and completely renovated in 2022. This three-bedroom, one-bathroom unit includes an open kitchen/living area and offers both private and shared access points with the bar. The property features a fully fenced parking lot with ADA-compliant spaces, providing ample parking for both the bar and apartment. The combined property offers a unique opportunity for an owner-user or value-add investor, with the potential for significant returns. The property's prime location off Highway 41 and Excelsior Avenue, along with its recent renovations and included FF&E, makes this a highly attractive investment. The property's Assessed Parcel Numbers (APN) are 004-070-049 & 004-070-050. The property is ideally suited for an SBA loan with only a 10% down payment.

    Property Features for 5020 19 1/2 Ave

    General Information

    Property type
    Restaurants
    Square Feet
    6,804 SF
    Lot Size
    32,670 SF

    Building Details

    Year Renovated
    2022

    HighLights

    • ±5,600 SF turnkey remodeled bar on ±0.75 acres.
    • All new equipment and improvements included in the $800,000 sale price.
    • High‑quality kitchen, full bar, lounge, and open patron areas.
    • ±1,500 SF, 3‑bedroom apartment included in sale.
    • Apartment completely renovated in 2022.
    • Excellent SBA loan candidate with only 10% down payment required.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Country Hub Cafe ... Restaurant U-Haul Neighborhood Dealer Trailer Rental Service The “G Hub Restaurant Hub Bar

    Suggested Use

    Restaurant Auto Repair Shop Clothing Store Garden Center Car Rental Bar & Pub Women's Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Kings
    State
    California
    Longitude
    -119.80934044563
    Latitude
    36.401847407336

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    FAQs

    What type of property is this?
    Restaurant - Turnkey bar, apartment, & ample parking.
    Where is this restaurant located?
    The property is located at 5020 19 1/2 Ave Riverdale, CA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: ±5,600 SF turnkey remodeled bar on ±0.75 acres.; All new equipment and improvements included in the $800,000 sale price.; High-quality kitchen, full bar, lounge, and open patron areas.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    5020 19 1/2 Ave Riverdale, CA 93656
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