18379 Chestnut Ave Tuolumne, CA 95379-9502
This exceptional investment opportunity encompasses three contiguous commercial parcels totaling 2.3 acres in the heart of downtown Tuolumne, CA. The property includes three separate buildings, offering a diverse range of possibilities for a savvy investor. The main attraction is the fully furnished, historic Longhorn Steakhouse & Saloon, complete with a wealth of period antiques including an 1880 back bar, jukebox, stage, piano, drum set, and pool table. This well-established business, operating for over 40 years, boasts a full kitchen and restaurant facilities with seating for over 50 patrons. A separate 960 square foot warehouse provides additional storage or expansion potential. One of the buildings also incorporates a mixed-use rental unit, adding to the income stream. The total building square footage is 5,800 square feet. The property's prime downtown location, adjacent to a thriving coffee shop, ensures high visibility and foot traffic. Its proximity to numerous recreational attractions, including casinos, hiking trails, Yosemite National Park, and Dodge Ridge, further enhances its appeal to both locals and tourists. A Type 47-48 liquor license is available for separate purchase. This unique property presents a rare chance to acquire a turnkey business with significant historical charm and substantial growth potential. The combination of established business, ample space, and desirable location makes this an unparalleled investment opportunity in the thriving Tuolumne community.
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
Property description
Physical attributes from public recordsZoning & alternative use
C-1:D:MX · Tuolumne, CATuolumne. Always verify with local authorities before improvements.
Costs & 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.