1148 O StFirebaugh, CA 93622

Property Details for 1148 O St

Year built

1935

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

3,266 SF

Zone code

C2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

008-074-17

APU

807417

Description

This exceptional commercial property at 1148 O Street in the heart of Firebaugh, California, presents a unique investment opportunity. The 3,266 square foot building sits on a 0.17-acre lot and is currently operating as a successful restaurant. The property boasts a recently updated interior, featuring a fully equipped, full-service kitchen ready for immediate use. A significant advantage is the inclusion of a walk-in cooler, essential for efficient restaurant operations. The layout includes a comfortable customer seating area and two bathrooms. The building benefits from excellent road frontage, ensuring high visibility and accessibility for customers. Beyond its current configuration, the property offers considerable potential for expansion, allowing for a variety of future uses and adaptations to suit evolving business needs. The asking price for this turnkey restaurant is $449,900. This represents a compelling opportunity to acquire an established business in a central location with significant upside potential. The property's existing infrastructure and prime location make it an attractive investment for both seasoned restaurateurs and new entrepreneurs seeking a ready-to-operate establishment. The ample space allows for creative expansion and adaptation to various business models. This is a rare chance to own a well-maintained, profitable business in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,053,753

  6.5%

  $972,695

  7%

  $903,217

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,210,200

  Geo Method

  $2,295,518

• Alternative Use

  Use

  Valuation

  Residential

  $820,505

  Hospitality

  $751,578

  Educational

  $625,304

  Medical

  $646,809

  Retail

  $972,695

Location Insight

City

Firebaugh

County

Fresno

State

California

Latitude

36.8582

Longitude

-120.456

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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