17356 Penn Valley Dr Penn Valley, CA 95946
- Turn key restaurants
- 3,780 SF
- 0.35 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 17356 Penn Valley Dr
- Lot size
- 0.35 lot acres
- Property size
- 3,780 SF
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- 051-150-027-000
- APU
- 51150027000
Description
This exceptional 3,780 square foot property located at 17356 Penn Valley Drive, Penn Valley, CA 95946, presents a unique investment opportunity. Currently configured as a well-established bar and grill, "The Tack Room," this special purpose commercial property boasts a rich history as a local favorite since the mid-1950s. The building includes a full bar and restaurant on the ground floor, along with a manager's apartment situated above, offering significant versatility and potential for expansion. The property sits on a substantial land parcel, providing ample space for future development or outdoor seating. This is the only public liquor bar in Penn Valley, a thriving and up-and-coming area in Western Nevada County. The asking price is $750,000. Note that the business itself is sold separately
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
- Penn Valley
- County
- Nevada
- State
- California
- Longitude
- -121.176
- Latitude
- 39.1982
- CBSA code
- 46020
- CBSA name
- TRUCKEE-GRASS VALLEY, CA MICROPOLITAN STATISTICAL AREA