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Property profile & analytics
OFF-MARKET
Hospitality properties

12946 Ave Myers Flat, CA 95554

2,248 SF 0.43 ac lot Built 1940
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hospitality properties
Year built 1940
Total area 2,248 SF
Lot 0.43 ac (18,731 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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