Vallejo, CA 94589

This exceptional business opportunity presents a fully renovated, free-standing restaurant building in Vallejo, CA. Situated on a prime corner lot of one acre, this 5100 square foot establishment boasts a remarkable 65 parking spaces and a seating capacity of 200 patrons. The building underwent a complete remodel in 2020, exceeding $350,000 in improvements, all completed with proper permits. The extensive kitchen renovation includes two new 6x13 foot walk-in cooler and freezer units, four type 1 hoods (ranging from 4 to 9 feet), and a comprehensive suite of commercial kitchen appliances. This includes a double rack dishwasher, sandwich prep refrigerators, a char broiler, deep fryers, and much more. All kitchen walls are finished with FRP covering, and the entire building features new tile and cove base. Currently operating as a successful South East Asian restaurant specializing in pho, rice dishes, and banh mi, this property offers immediate income potential. The advantageous location is directly across from Kaiser Permanente and adjacent to a Walmart Supercenter and a newly opened 168 Asian supermarket, ensuring high visibility and foot traffic. The seller, also the property owner, is offering a new lease term of 5+5 years at a base rent of $8228 per month, with a 3% annual increase plus insurance. This is a rare opportunity to acquire a turnkey restaurant with significant upside potential in a thriving commercial area. The asking price for the asset sale is $228,000.