Property profile

1425 Main St Newman, CA 95360

FOR SALE
Turn key restaurants
Property ID
US10-3045601
4,200 SF 0.17 ac lot Built 1898
Individually Owned 23-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving restaurant and its accompanying building in the heart of Newman, CA. The property encompasses a substantial 4,200 square feet of space situated on a 0.17-acre lot (7,405 square feet). The building itself boasts a distinctive Mediterranean architectural style, featuring attractive real wood floors, charming brick walls, and high ceilings for an inviting atmosphere. Climate control is ensured with central heating and air conditioning. The interior includes a sizable bar with ample seating, a fully equipped kitchen boasting a walk-in refrigerator and freezer, stainless steel appliances, a large imperial cooking stove, a 10-burner gas stove, extensive prep areas, and dedicated storage space. A second-level office provides additional administrative space. Outdoor amenities include a pleasant courtyard seating area and convenient rear parking. The established restaurant, El Campestre Dos, has enjoyed a successful run of over 18 years, building a loyal clientele and establishing a strong reputation. The business also benefits from a substantial inventory of specialty liquor. This turnkey operation offers a rare chance to acquire a profitable business and a well-maintained building in a desirable location. The combination of established business and attractive property presents a compelling investment opportunity with significant potential for growth and return.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1898
Construction WOOD
Total area 4,200 SF
Lot 0.17 ac (7,405 SF)
APN 128-009-036-000
UPID US10-3045601

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1425 Main St Newman, CA 95360
Newman metro Census 3502 MODESTO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2003
6 recorded transactions
2003
$145,000
2003
Price N/A
2003
$145,000
2001
$125,000
1997
$45,765
1991
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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