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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

501 Main St Alturas, CA 96101

3,135 SF 0.07 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,135 SF
Lot 0.07 ac (3,049 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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