Mowry School Rd Newark, CA 94560
- Investment properties
- 6.17 lot acres
Current Use by Public Records
- Investment properties
Property Details for Mowry School Rd
- Year built
- 1986
- Lot size
- 6.17 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity presents one of the Bay Area's largest banquet and party halls, strategically located near the 880 Freeway in Newark, California. The property boasts a substantial 6.17-acre lot and encompasses a fully operational restaurant, perfectly complementing the expansive event space. The impressive kitchen is designed to cater to large-scale events, easily handling up to 3,000 guests. Four generously sized guest halls provide a combined 32,000 square feet of event space, with a total capacity of 1,490 guests. This makes it ideal for weddings, corporate functions, conferences, and other large gatherings. The property also features ample parking, ensuring convenient access for both guests and staff. This turnkey operation offers significant potential for growth and profitability in a high-demand market. The asking price for this remarkable property is $1,000,000. This represents a unique chance to acquire a well-established and highly successful event venue with significant capacity and established infrastructure. The property's prime location and extensive amenities make it a truly exceptional investment opportunity. Serious inquiries only.
Value Estimation
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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
- -121.991
- Latitude
- 37.5236
