6124 Pacific AveStockton, CA 95207

  • Retail properties
  • 3,960 SF
For Sale
$200,000 View listing

Property Details for 6124 Pacific Ave

Year built
1953
Lot size
0.25 AC
Property size (Sq ft)
3,960 SF
Zone code
C2
Property type
Retail properties
Property subtype
Retail space
APN
081-371-090-000
APU
81371090000

Description

This thriving Thai restaurant, located at 6124 Pacific Ave in Stockton, California, presents a unique business opportunity. The 3,960 square foot establishment sits on a 0.25-acre lot and is priced at $200,000. The restaurant is well-known locally for its authentic Thai cuisine, featuring popular dishes such as Pad Thai, Green Curry, and Tom Yum Soup, all prepared with high-quality ingredients and traditional spices. The warm and inviting atmosphere contributes to its popularity with both residents and visitors. Its prime location on Pacific Avenue ensures high visibility and foot traffic, with nearby attractions such as the Lincoln Center and Regal Stockton City Centre & IMAX providing additional customer draw. The business boasts a diverse menu of traditional Thai dishes, including savory curries, stir-fries, soups, and salads. This turnkey operation offers a chance to acquire an established and successful restaurant in a desirable location, ready for immediate operation. The sale includes the existing restaurant equipment and fixtures, allowing for a seamless transition for the new owner. This is an exceptional opportunity for an experienced restaurateur or someone looking to enter the food service industry. The property's size and location provide ample space for both dining and potential expansion. Financial details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $979,292
    6.5%
    $903,962
    7%
    $839,393
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,424,830
    Geo Method
    $1,424,830
  • Alternative Use

    Use
    Valuation
    Residential
    $762,525
    Hospitality
    $698,469
    Educational
    $581,118
    Medical
    $601,104
    Retail
    $903,962
6124 Pacific Ave, Stockton, California

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
38.0061
Longitude
-121.318
CBSA code
44700
CBSA name
STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,596
$113,997
$187,838
$301,835
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