1768 Pleasant Valley RdPlacerville, CA 95667

Property Details for 1768 Pleasant Valley Rd

Year built

1963

Construction

TILT-UP CONCRETE

Lot size

0.59 AC

Property size (Sq ft)

4,394 SF

Zone code

U

Property type

Turn key restaurants

APN

098-160-026-000

APU

98160026000

Description

This exceptional Placerville, CA property presents a unique investment opportunity. The 4,394 square foot building, situated on a 0.59-acre lot at 1768 Pleasant Valley Road, currently houses a thriving restaurant and a separate bar, operating under a triple-net lease. The recently remodeled building boasts both interior and exterior updates, ensuring a modern and attractive space for patrons. The restaurant, known as "The Little Italian Place," and the adjacent bar offer a combined dining and entertainment experience. The bar features a spacious lounge area, a wraparound bar, and an entertainment stage, creating a versatile venue for various events. This turnkey operation is ideal for investors seeking a stable, high-return investment with established tenants. The property's prime location in Placerville ensures high visibility and accessibility, contributing to the ongoing success of the businesses. The triple-net lease structure minimizes landlord responsibilities, making this a low-maintenance investment with significant potential for long-term growth and profitability. This is a rare chance to acquire a well-established and profitable commercial property in a desirable location. The asking price is $1,100,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,014,980

  6.5%

  $936,905

  7%

  $869,983

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,523,197

  Geo Method

  $1,580,986

• Alternative Use

  Use

  Valuation

  Residential

  $790,314

  Hospitality

  $723,924

  Educational

  $602,296

  Medical

  $623,010

  Retail

  $936,905

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.6781

Longitude

-120.771

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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