THIS LEGACY RESTAURANT IN ONE OF DOWNTOWN PLACERVILLE'S PREMIER HIGH TRAFFIC, HIGH VISIBILITY LOCATIONS HAS BEEN A POPULAR DESTINATION FOR HIGHWAY 50 TRAVELERS AND LOCALS ALIKE SINCE 1985. THIS NNN PROPERTY IS AN ATTRACTIVE PASSIVE INVESTOR/1031 EXCHANGE OPPORTUNITY WITH A NEW FIVE-YEAR LEASE THAT INCLUDES THREE OPTIONAL FIVE-YEAR EXTENSIONS WITH ANNUAL ESCALATORS. THE 4,783 SQ FT BUILDING ON .47 ACRE IN TWO PARCELS SEATS 135 PATRONS AND HAS CENTRAL HVAC, A PRIVATE OFFICE, STORAGE ROOM, AND AN EXTERIOR DINING PATIO. THE PARKING AREA ON THE PROPERTY HAS ROOM FOR 27 VEHICLES. THERE IS ALSO POTENTIAL FOR AN OWNER/OPERATOR AS THE BUSINESS OPPORTUNITY MAY BE AVAILABLE SEPARATELY.
Listing courtesy of Century 21 Select Real Estate.
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