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Property profile & analytics
OFF-MARKET
Turn key restaurants

17356 Penn Vly Dr Penn Valley, CA 95946-9340

3,780 SF 0.35 ac lot
Trust Owned 20-yr Hold Free & Clear
Property ID
US09-2804952
Property summary
AI-generated overview

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

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 3,780 SF
Lot 0.35 ac (15,245 SF)
Zoning code C
APN 051-150-027-000
UPID US09-2804952
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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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Becker Family Trust · 20 yrs held
Becker Family Trust
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
C · Penn Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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