417 4Th StWheatland, CA 95692

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $438,157

  6.5%

  $404,453

  7%

  $375,563

• Comparable approach

  Method

  Valuation

  Relative Method

  $382,513

  Geo Method

  $382,513

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $811,564

  Mixed-Use / Specialty

  $393,781

  Hospitality / Lodging

  $276,887

  Office

  $381,828

  Institutional / Educational

  $406,075

  Residential Income

  $475,107

  Multifamily

  $620,988

  Automotive / Energy

  $348,064

  Parking / Income-Based Land

  $129,232

  Restaurant / Food Service

  $185,110

  Healthcare / Senior Housing

  $413,280

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

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