1901 Buhne Dr, Unit King Salmon Eureka, CA 95503

Property Details for 1901 Buhne Dr

Year built

1990

Lot size

0.96 lot acres

Property size

1,560 SF

Zone code

CR/F

Property type

Turn key restaurants

APN

305-092-009-000

APU

305092009000

Description

This exceptional Eureka, CA restaurant presents a unique investment opportunity. Situated on a 0.96-acre lot at 1901 Buhne St (APN 305-092-009-000), this established business boasts 3,453 square feet in a single-story building constructed in 1990. The property is zoned commercial CR/F and offers unmatched views of Humboldt Bay, including dock access. Currently operating 5 days a week for breakfast and lunch, the restaurant has significant expansion potential, including extending hours to seven days and adding dinner service. The substantial paved parking lot, outdoor patio, and additional space (including a second office and canning/processing area) provide ample room for growth. The high visibility location and established clientele create a strong foundation for continued success. The asking price is $2,250,000, representing a price per square foot of $651.61 and a 7.11% cap rate with a current NOI of $160,000. This is a rare chance to acquire a thriving business with exceptional waterfront views and significant upside potential in a desirable location. The property's versatility allows for multiple development options, making it an attractive investment for both owner-users and investors seeking a high-return opportunity. This turnkey operation is ready for a new owner to capitalize on its existing success and unlock its full potential.

Location Insight

City

Eureka

County

Humboldt

State

California

Longitude

-124.22

Latitude

40.7369

CBSA code

21700

CBSA name

EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments