2548 Main StRamona, CA 92065

  • Turn key restaurants
  • 3,660 SF
For Sale
$249,000 View listing

Property Details for 2548 Main St

Year built
1977
Lot size
0.77 AC
Property size (Sq ft)
3,660 SF
Zone code
COMMERCIAL
Property type
Turn key restaurants
APN
282-201-02-00
APU
2822010200

Description

This exceptional business opportunity presents the chance to acquire a well-established and profitable restaurant in the charming town of Ramona, California. Located on a sizable 0.75-acre lot at 2548 Main Street, this 3,660+ square foot establishment boasts a long-standing history as a community cornerstone. Known for its memorable dining experiences, the restaurant offers a fully turnkey operation, complete with a fully equipped kitchen, inviting dining spaces, and all necessary furnishings and equipment. Its prime location on the westerly side of Ramona, with excellent visibility and accessibility along Highway 67, ensures a consistent flow of customers. The property's significant asset is its demonstrably solid financial foundation. Detailed financial records are available, showcasing the restaurant's consistent performance and highlighting its potential for future growth and expansion. This presents a unique opportunity for a new owner to either continue the existing legacy or implement their own culinary vision within a thriving and well-regarded business. The property's size and location offer significant potential for further development and optimization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $941,041
    6.5%
    $868,653
    7%
    $806,607
  • Comparable approach

    Method
    Valuation
    Relative Method
    $626,950
    Geo Method
    $1,339,740
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,703,030
    Mixed-Use / Specialty
    $861,893
    Hospitality / Lodging
    $627,573
    Office
    $852,956
    Institutional / Educational
    $894,712
    Residential Income
    $1,046,810
    Multifamily
    $1,275,800
    Automotive / Energy
    $766,896
    Parking / Income-Based Land
    $268,266
    Restaurant / Food Service
    $440,457
    Healthcare / Senior Housing
    $887,612

Location Insight

City
Ramona
County
San Diego
State
California
Latitude
33.0249
Longitude
-116.893
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, 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
$6,908
$296,225
$314,537
$610,762
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-
-
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FAQs

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