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    OFF-MARKET
    Turn key restaurants

    281 Fernbridge Dr, Fortuna, CA 95540-9790

    1.5 ac lot
    Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-3167639
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Fortuna, CA, is perfectly situated just off Highway 101, between Eureka, Fortuna, and Ferndale, ensuring high visibility and convenient access for customers. The property boasts a spacious 7,000 square foot building situated on a generous 1.5-acre lot. The interior has been fully remodeled to pristine condition, featuring a large dining room, a massive kitchen fully equipped for efficient operation, a well-appointed bar, a dedicated coffee and ice cream lounge, and a welcoming outdoor patio. Beyond the main restaurant space, the property includes a separate apartment, providing additional living quarters or potential staff housing, and six garage units, offering ample storage or potential expansion possibilities. The sale includes the majority of the existing restaurant equipment, making this a truly turnkey operation ready for immediate use. This is an exceptional opportunity for a restaurateur seeking a well-established and fully equipped location with significant potential for growth. The property's prime location and extensive amenities make it an ideal investment for those seeking a thriving business in a desirable area. The vacant status allows for immediate occupancy and customization to suit the new owner's vision. This is a rare opportunity to acquire a fully operational restaurant with significant added value in a high-traffic area. The asking price is $1,950,000. The property is located at 281 Fernbridge Drive, Fernbridge, CA 95540.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 1.5 ac (65,340 SF)
    Zoning code CG
    APN 200-042-004-000
    UPID US10-3167639
    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
    Current use
    Occupant on record · Public records
    • Angelina Woodfired Kitchen Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Redwood Collection INC · 11 yrs held
    Redwood Collection INC
    since 2014
    7 recorded transactions
    2014
    $369,000
    2014
    2014
    $113,382
    2011
    $400,000
    2010
    2006
    $438,000
    2004
    Zoning & alternative use
    CG · Fortuna, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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