501 Main St Alturas, CA 96101
This exceptional commercial property, located at 501 Main Street in Alturas, California, presents a lucrative investment opportunity. The 3,135-square-foot retail space is currently configured as a restaurant and bar, operating within a 0.07-acre lot. Situated in Modoc County, zip code 96101, this established business enjoys a strong location within a thriving community. The property's current use as a popular eatery generates reliable income, offering immediate returns for the new owner. Alturas's position within Surprise Valley, a region known for its ranching, outdoor recreation, and tourism, ensures a consistent flow of both local and tourist clientele. The property's size and existing infrastructure provide ample space for continued operation or potential redevelopment to suit a variety of commercial ventures. This turnkey operation is ideal for an investor seeking a profitable venture in a picturesque setting. The asking price for this exceptional property is $235,000. This represents a significant opportunity to acquire a well-established business with substantial growth potential in a desirable location. The property's strategic location within a vibrant community, coupled with its current income stream, makes it an attractive investment for both seasoned and aspiring entrepreneurs.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.