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Craycroft Building 101 Commercial St 4,674 SF 100% Leased Retail Building Downieville, CA 95936 $885,098 CAD ($189.37 CAD/SF) 6.49% Cap Rate
Investment Highlights
- Operating historic saloon
- Includes ABC Type 21 off-sale general liquor license
- Opportunity to acquire the historic Craycroft Building
- Includes ABC Type 48 on-sale general liquor license
- Established operating business trade identity
Executive Summary
An exceptional opportunity to acquire a historic Downieville landmark with an established operating business, two valuable liquor licenses, and demonstrated revenue. This turnkey offering allows a new owner to carry forward the legacy of a well-known local institution. Acquisition of the business is required with the purchase of the real estate, though the business may also be sold separately.
Business Value: $299,000
Real Estate Value: $639,000
Business Value: $299,000
Real Estate Value: $639,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
4,674 SF
Building Class
B
Year Built
1859
Price
$885,098 CAD
Price Per SF
$189.37 CAD
Cap Rate
6.49%
NOI
$57,439 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CC - Community Commercial
Amenities
- Restaurant
- Signage
- Awning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 003-103-002 | Improvements Assessment | $317,319 CAD |
| Land Assessment | $48,029 CAD | Total Assessment | $365,347 CAD |
Property Taxes
Parcel Number
003-103-002
Land Assessment
$48,029 CAD
Improvements Assessment
$317,319 CAD
Total Assessment
$365,347 CAD
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Craycroft Building | 101 Commercial St
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