5486 Central Ave Newark, CA 94560
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Bear Bitez / Restaurant
Property Details for 5486 Central Ave
- Year built
- 2000
- Lot size
- 0.18 lot acres
- Property type
- Investment properties
Description
This exceptional business opportunity presents a 199,000 USD asset sale of a well-equipped restaurant located at 5486 Central Ave., Newark, CA. Situated on a 0.18-acre lot, this property offers significant potential for a variety of culinary concepts. The current setup is geared towards a burger, steak, and breakfast menu, with all necessary equipment included in the sale. This allows for immediate operation under a similar format or a complete reimagining to suit a new owner's vision. The existing infrastructure includes a substantial walk-in cooler, a valuable asset for any food service operation. The sale is an asset sale, meaning the buyer acquires the physical assets of the business, providing flexibility and control over future operations. This presents a unique chance to establish or expand a food service business in a desirable location. The property's size and existing equipment offer a significant advantage for a quick and efficient start-up or transition. The location in Newark, CA, provides access to a thriving community and potential customer base. This is an ideal opportunity for an experienced restaurateur or a new entrepreneur looking to enter the food service industry with a turnkey operation. The flexibility of the asset sale allows for customization and adaptation to a wide range of culinary concepts, making this a truly versatile and attractive investment. Serious inquiries are encouraged to explore this promising venture.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Alameda
- State
- California
- Longitude
- -122.018
- Latitude
- 37.5379
