21375 Main St Lakehead, CA 96051
This exceptional opportunity presents the historic Klub Klondike, a cherished Lakehead establishment operating for over 75 years. Known affectionately as "The Best Dive on I-5," this iconic bar and restaurant has recently undergone renovations, seamlessly blending its original character and charm with modern amenities. Its prime location along I-5, situated between Shasta Lake and Mount Shasta, ensures excellent signage and high visibility, attracting a steady stream of customers. The property encompasses a substantial 3,360 square feet, including a fully operational bar and restaurant area. Adding to its income-generating potential is an attached 2-bedroom, 1-bathroom apartment, providing additional rental income. Furthermore, the property includes RV spaces complete with full hookups, offering further revenue streams and expansion possibilities on the spacious land behind the building. A paved turnaround area caters to RVs and semi-trucks, enhancing convenience and accessibility. The sale includes a valuable 47 liquor license, a significant asset for continued operation and profitability. This turnkey business presents a rare chance to acquire a well-established, high-visibility property with multiple income streams and significant growth potential in a desirable location.
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Klub Klondike Bar and Restaurant Restaurant
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Klub Klondike Bar & Pub
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
MU · Lakehead, CALakehead. 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.