17356 Penn Vly Dr Penn Valley, CA 95946-9340
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Penn Valley, CACosts & 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.