Prime Entry Level Investment Opportunity - Building w/ Restaurant

Oakland, CA (Alameda County)

Prime Entry Level Investment Opportunity - Building w/ Restaurant
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Asking Price: $650,000

Cash Flow: N/A

Gross Revenue: $384,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $500,000

Established: N/A

Prime Entry Level Investment Opportunity - Building w/ Restaurant

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Business Description

Prime Entry Level investment opportunity! This is a building that comes with an extremely busy restaurant in a RM1 multi-use zone. Located just off San Pablo Avenue in West Oakland, a CC2 zone which is set for redevelopment. With the approval from the City of Oakland, this property has added value as there is potential to build up and add more residential square footage.

About business:
• Business Type: Cajun Restaurant
• Price: $650,000(Restaurant with Building)
• City: Oakland, CA
• Annual Gross Sales(estimate): $384,000/year
• Hours: Open 4 days per week; Friday-Monday 9-3p
• Size: 960 sqft
• Lot Size: 1205 sqft
• Rent: owner/user
• Yrs in Business: 3 years
• New Equipment
• Reason for Sale: Relocating

Detailed Information

Location:
Oakland, CA
Real Estate:
Owned
Included in asking price
Building SF:
960
Reason for Selling:
Relocating
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Richard Kim

Business Listed By:
Richard Kim

Vanguard Properties

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