31195 North Redwood Highway
Cloverdale,
CA
94122
Property Details
List Price: |
$125,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Luxe Places International Realty |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
-- |
Notes: |
$6,000 per month rent which is 3% of gross revenue, with an option to buy the property. The World Famous Historic Hamburger Ranch and BBQ has been an iconic destination for locals and travelers for decades. There is an authentic home town feel and experience when dining here. The history is literally written on the walls from patrons sending postcards from all around the world sharing their unremarkable experiences. This in not your ordinary hamburger shack. 2019's income came in at $1,000,652.53 enabling a capitalization rate of 8% . 100% Upside income potential for catering private events which has not been done since the previous owner. |
MlsNumber: |
322070633 |
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Listing Provided By: |
Luxe Places International Realty, original listing |
Name: |
Luxe Places International Realty |
Phone: |
(415) 440-0000 |
Office Name: |
Luxe Places International Realty |
Office Phone: |
(415) 440-0000 |
Agent Name: |
Michael Lalanne |
Disclaimer: |
Copyright © 2024 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |