823 Broadway Street, Eureka, CA 95501 (MLS# 250547)

823 Broadway Street
Eureka, CA 95501
MLS# 250547

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Front Highway 101 Four Way Stop light Cashiers desk Dining Room Dishwasher Drive Through Window Stainless Steel Hot Table Six Station Gas Wok Station Kitchen Walk-in Freezer Walk-in Refrigerator Slicing, mixing, extra sinks Main Dining Room

Property Description
Golden Opportunity.Here is a turn key operation that would allow a buyer to open without delay and get their business started. The building and all restaurant equipment have been newly remodeled in 2012. This very successful owner, in business for over 30 years has decided to retire. Restaurant can be purchased separately for $250,000 and owner would lease Real Estate. The remodel from top to bottom includes new roof, heater, wiring, plumbing, hood, ventilation, and finishes, and a new kitchen with top of the line equipment. The double sized lot with 120 feet along Broadway fronts both the North and South lanes of Highway 101 and offers exposure to over 40,000 cars a day. There is a four way stop light on the corner that provides easy access to the 20 car parking lot. A rare opportunity.

Listing Information
Status: Active
List Price: $6,000
Current Price: $6,000
Property Description
Type of Property: Commercial
Construction Status: Existing
Realtor.com Type: Commercial
Lot Size: .25 - .49 Acres
Lot Acres: 0.3
Road Frontage: 120
Flood Zone: No
Surveyed: No
Location, Legal and Taxes
Area: South Bay
House Number: 823
Street Name: Broadway
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: Washington Street
Book: 001
Page: 048
Parcel: 014
Directions and Remarks
Directions: Corner of Broadway and Washington Streets
GOI: 469464
Building Description
Year Built: 1983
Total Baths: 2
Baths - Handicap Acc: Yes
# Units: 1
SqFt: 2500
Basement: None
Condition: Excellent
Historic Registry: No
# of Floors: 1
# of Parking Spaces: 20
Ceiling Height: 10
Phone Service: yes
Income & Expenses
Adjusted Gross Inc: 469496
Annual Gross Rev: 469496
Cost of Sales: 130652
Net Operating Inc: 338844
Rent $: 6000
Total Expenses: 236043
Square Footages
Total Building SqFt: 2500
Business Description: Restaurant
Business Name: Liu's Oriental Cuisi
Estimated Value: 250000
UCC Filing: No
Inventory Incl: Yes
Inventory Included: Yes
Equip Incl: Yes
Equip Included: Yes
Equipment up to Code: Yes
List Avail: No
Furniture Incl: Yes
Furniture Included: Yes
License Incl: No
License Included: Yes
Fixtures Incl: No
Fixture Included: Yes
MDSE/Supp Incl: No
MDSE/Supp Included: Yes
Exterior Features
Parking District: No
Sale Includes
Real Estate Included: Available
Property Features
Zoning: Commercial
Lease Type: Negotiable; Net Triple
Lease Terms: 5 - 10 Years
Tenant Expense: Common Area Maint; Cost of Living; Deposit; Electric; Interior Maintenance; Janitor; Mechanics Access; Natural Gas; Sewer; Site Maintenance; Taxes; Taxes Escalation; Water
Income & Expenses: Financials Available
Type of Use: Food Service; Free Standing B
Existing Use: Retail Service
Location: Central Busines
Foundation: Slab
Construction: Wood Frame
Siding: Cement Composite; Wood
Roof: Membrane
Insulation: Dual Pane Window; Partially Insulated; Wall
Parking: 11 - 20 Spaces; On Site; Paved
Exterior Amenities: Alley; Handicap Rails; Landscaping; Major Road Access; Public Trans; Sidewalks
Utilities: 220 Volt; 440 Volts; Circuit Breaker; Electric; Gas; Tile
Heating: Forced Air; Natural Gas
Cooling: Air Conditioning; Central Air
Interior Amenities: Fire Sprinkler; Handicap Access; Handicap Restroom; Security System
Flooring: Tile; Vinyl
Storage: 20 + SqFt
Sale Includes: Land & Building; Land/Bldg/Bus
Possession: Imm With Buyer Rent
Financing Terms: Cash; Conventional

Last Updated: April - 16 - 2018

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2016 (year) Humboldt Association of Realtors®. All rights reserved.

Saturday 26th of May 2018 01:26 PM