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Property profile & analytics
OFF-MARKET
Turn key restaurants

504 Cloverdale Blvd Cloverdale, CA 95425-3325

2,102 SF 0.23 ac lot Built 1948
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US09-2066680
Property summary
AI-generated overview

This exceptional turn-key opportunity in Cloverdale, CA, presents a rare chance to acquire a thriving Italian restaurant and its accompanying real estate. Located at 504 N Cloverdale Boulevard, this property boasts a prime corner lot with 0.22 acres of land. The well-established restaurant has served the community for 23 years, offering both indoor and outdoor seating. The indoor dining area comfortably accommodates 75 patrons, while the outdoor patio provides seating for an additional 45. A significant advantage is the inclusion of all interior fixtures and equipment, with a detailed inventory available upon request. The property also includes a convenient attached one-bedroom, one-bathroom apartment, ideal for owner occupancy or rental income. Parking is ample, with 12 allocated spaces supplemented by convenient street parking. The property's Mixed Use Commercial (MUC) zoning allows for a wide range of potential uses, including retail, high-density residential, public facilities, hotels, and motels. Its location on the main street, next to public transit, and with easy access to Highway 101 in both directions, ensures high visibility and accessibility. Just an hour from San Francisco, this property offers unparalleled convenience and potential. The motivated sellers are ready to facilitate a smooth transition for the new owner. This is a truly unique opportunity to own both a successful business and valuable real estate in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction WOOD
Total area 2,102 SF
Lot 0.23 ac (10,000 SF)
APN 001-151-016-000
UPID US09-2066680
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
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Owner & transaction history
Jose Pelayo · 24 yrs held
Jose Pelayo
since 2001
7 recorded transactions
2001
$375,000
1994
$100,000
1994
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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