12946 Ave Myers Flat, CA 95554
This charming, western-themed saloon and trading post in Myers Flat, CA, presents a unique investment opportunity. Located in downtown Myers Flat, between Burlington and Hidden Springs State Parks and near several RV parks, this established business boasts a loyal clientele. The sale includes the real estate and all furniture, fixtures, and equipment, allowing for a seamless transition. The 2,248 square foot building, constructed in 1940, sits on a 0.43-acre lot and includes 8 parking spaces. The property is currently operating at 100% occupancy (as of August 4, 2023) and is zoned for commercial use. Three ABC licenses (#21 Off-sale General, #48 On-sale General Public, and #58 Catering Permit) are available separately, with the possibility of acquiring liquor licenses as a separate purchase. This turnkey operation offers a blend of history, established business, and significant potential for growth in a desirable location. The asking price is $399,000, translating to $177.49 per square foot. The property features one single-story building and has a Humboldt County APN of 081-021-033.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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