417 4Th StWheatland, CA 95692

  • Retail properties
  • 2,576 SF
For Sale
$690,000 View listing

Property Details for 417 4Th St

Year built
1910
Construction
TILT-UP CONCRETE
Lot size
0.11 AC
Property size (Sq ft)
2,576 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Retail space
APN
015-243-007-000
APU
15243007000

Description

This exceptional opportunity presents the chance to acquire Bill's Place Bar and Grill, a cherished Wheatland landmark boasting a remarkable 92-year history of continuous operation. Located at 417 4th Street, this well-established business occupies a substantial 2,576 square foot building situated on a 0.11-acre lot. The property's rich history and strong community ties offer a unique investment prospect for a discerning buyer. The existing infrastructure provides a solid foundation for continued success, allowing for immediate revenue generation and the potential for expansion or modernization to further enhance profitability. The property's prime location in Wheatland ensures high visibility and accessibility, attracting a loyal customer base and fostering a thriving atmosphere. This is a rare chance to own a piece of Wheatland's heritage and capitalize on the enduring appeal of a long-standing, successful business. The asking price for this turnkey operation is $690,000. Serious inquiries are encouraged to explore this exciting investment opportunity further. Detailed financial records and operational information are available upon request. Don't miss this chance to own a piece of Wheatland history and build upon its legacy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $536,524
    6.5%
    $495,253
    7%
    $459,878
  • Comparable approach

    Method
    Valuation
    Relative Method
    $926,859
    Geo Method
    $926,859
  • Alternative Use

    Use
    Valuation
    Residential
    $417,765
    Hospitality
    $382,670
    Educational
    $318,377
    Medical
    $329,327
    Retail
    $495,253
417 4Th St, Wheatland, California

Location Insight

City
Wheatland
County
Yuba
State
California
Latitude
39.011
Longitude
-121.424
CBSA code
49700
CBSA name
YUBA CITY, 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
$3,960
$58,911
$298,138
$357,049
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