Property profile

1465 Webster St Alameda, CA 94501

OFF-MARKET
Turn key restaurants
Property ID
US09-9372799
3,876 SF 0.39 ac lot Built 1970
Individually Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Cape 7 Cafe, located at 1465 Webster St in Alameda, CA, presents a compelling business opportunity priced at $375,000. This established cafe offers a diverse menu featuring breakfast, brunch, and other delectable options. Popular dishes include California Benedicts, chicken and waffles, blueberry pancakes, and steak and eggs. The cafe boasts a unique and inviting atmosphere, complete with ample seating and stylish lighting. Customer feedback highlights the friendly and attentive service provided by the staff. While opportunities exist for operational enhancements, the current offerings demonstrate a commitment to high-quality food and beverages. The cafe's location provides convenient access for residents and visitors, potentially benefiting from proximity to attractions such as the Pacific Pinball Museum. This turnkey operation presents a strong foundation for a prospective owner to build upon, capitalizing on the existing customer base and established reputation for delicious food and excellent value. The sale includes the established business, not the underlying real estate. Financial details are available upon request and a comprehensive due diligence period is encouraged. This is an exceptional opportunity for an experienced restaurateur or a first-time business owner seeking a well-positioned, established cafe in a vibrant Alameda location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction TILT-UP CONCRETE
Total area 3,876 SF
Lot 0.39 ac (17,103 SF)
APN 74-427-37-1
UPID US09-9372799

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

1465 Webster St Alameda, CA 94501-3342
Alameda metro Census 427700 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$641k
Blend (final) Blend
$520k

Owner & transaction history

since 2006
7 recorded transactions
2020
Price N/A
2006
$1.7M
2005
$1.1M
2004
Price N/A
2001
Price N/A
1997
$530,000
1996
Price N/A

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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