458 Humboldt AveWillows, CA 95988

  • Retail space
  • 4,320 SF
For Sale
$59,000 View listing

Property Details for 458 Humboldt Ave

Year built
1975
Construction
WOOD FRAME
Lot size
0.82 AC
Property size (Sq ft)
4,320 SF
Zone code
CH
Property type
Retail space
APN
005-370-023-000
APU
5370023000

Description

This thriving Mexican restaurant, The Tipsy Burro Cantina & Grill, presents a fantastic turnkey business opportunity in Willows, CA. Located at 458 Humboldt Avenue, this 4,320 square foot establishment sits on a 0.82-acre lot, offering ample space for both indoor and outdoor operations. The interior features an open seating area perfect for casual dining, along with a dedicated back room ideal for private events, catering, or meetings. The menu includes a variety of Mexican dishes and popular burgers, complemented by a selection of beer and wine. The restaurant's convenient location near hotels and its easy highway access ensure high visibility and accessibility for customers. A significant advantage is the availability of outdoor space, allowing for expanded seating and the potential for hosting outdoor events. The asking price for this established and ready-to-operate business is $59,000. This represents a unique chance to acquire a well-positioned and profitable restaurant with significant growth potential. All necessary equipment and infrastructure are included in the sale, making this a truly turnkey operation. The property is ready for a new owner to step in and continue its success. This is an exceptional opportunity for an experienced restaurateur or a first-time business owner seeking a well-established and profitable venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $924,780
    6.5%
    $853,643
    7%
    $792,668
  • Comparable approach

    Method
    Valuation
    Relative Method
    $641,482
    Geo Method
    $641,482
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,702,440
    Mixed-Use / Specialty
    $835,345
    Hospitality / Lodging
    $593,004
    Office
    $814,493
    Institutional / Educational
    $862,970
    Residential Income
    $1,009,670
    Multifamily
    $1,295,520
    Automotive / Energy
    $739,688
    Parking / Income-Based Land
    $270,329
    Restaurant / Food Service
    $401,912
    Healthcare / Senior Housing
    $872,274

Location Insight

City
Willows
County
Glenn
State
California
Latitude
39.5254
Longitude
-122.211

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
$3,031
$32,530
$173,418
$205,948
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-
-
-

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