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Property profile & analytics
FOR SALE
Turn key restaurants

1901 Buhne Dr King Salmon South, CA 95503

1,560 SF 0.96 ac lot Built 1990
Trust Owned 34-yr Hold Absentee Owner Free & Clear
Property ID
US09-2914046
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1990
Total area 1,560 SF
Lot 0.96 ac (41,817 SF)
Zoning code CR/F
APN 305-092-009-000
UPID US09-2914046
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gill,bennie N & Vivian D Trust · 34 yrs held
Gill,bennie N & Vivian D Trust
since 1991
1 recorded transaction
1991
Price N/A
Zoning & alternative use
CR/F · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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