For Sale
$800,000

5020 19 1/2 Ave Riverdale, CA 93656

Turnkey bar, apartment, & ample parking.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fully operational, turnkey bar and a separate apartment building situated on a 0.75-acre lot in Riverdale, CA. The bar, encompassing approximately 5,600 square feet, boasts a recently remodeled interior featuring a state-of-the-art, fully operational kitchen equipped with multiple refrigerators and freezers, a large open area perfect for patrons, a hood range, and two restrooms. All existing furniture, fixtures, and equipment (FF&E) are included in the sale price of $800,000. Adjacent to the bar is a 1,500-square-foot apartment building, constructed in 2014 and completely renovated in 2022. This three-bedroom, one-bathroom unit includes an open kitchen/living area and offers both private and shared access points with the bar. The property features a fully fenced parking lot with ADA-compliant spaces, providing ample parking for both the bar and apartment. The combined property offers a unique opportunity for an owner-user or value-add investor, with the potential for significant returns. The property's prime location off Highway 41 and Excelsior Avenue, along with its recent renovations and included FF&E, makes this a highly attractive investment. The property's Assessed Parcel Numbers (APN) are 004-070-049 & 004-070-050. The property is ideally suited for an SBA loan with only a 10% down payment.

Highlights

  • ±5,600 SF turnkey remodeled bar on ±0.75 acres.
  • All new equipment and improvements included in the $800,000 sale price.
  • High-quality kitchen, full bar, lounge, and open patron areas.
  • ±1,500 SF, 3-bedroom apartment included in sale.
  • Apartment completely renovated in 2022.
  • Excellent SBA loan candidate with only 10% down payment required.

Property Details for 5020 19 1/2 Ave

Property type
Retail properties, Restaurants
Square Feet
6,804 SF
Year Renovated
2022
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Riverdale
County
Kings
State
California
Latitude
36.401847407336
Longitude
-119.80934044563

FAQs

What type of property is this?
Retail property - Turnkey bar, apartment, & ample parking.
Where is the retail property located?
The property is located at 5020 19 1/2 Ave Riverdale, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: ±5,600 SF turnkey remodeled bar on ±0.75 acres.; All new equipment and improvements included in the $800,000 sale price.; High-quality kitchen, full bar, lounge, and open patron areas.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5020 19 1/2 Ave
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