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The Sonora Armory Complex RRC# 5112 208 S Green St 14,414 SF Retail Building Sonora, CA 95370 $5,875,625 CAD ($407.63 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • State-of-the-art Event Center and Entertainment Complex, The Armory, located in the historic Gold Rush town of Sonora, CA
  • Included in the sale are two operating, fully-turnkey restaurants, each with their own kitchen, as well as a private event/catering business.
  • This iconic property features expansive outdoor, multi-level seating in the lush Beer Garden and expansive roof-top patio with lounge area

EXECUTIVE SUMMARY

Real Estate Included - SBA Loan Pre-approved – Large Event Space, Restaurant & Bar with Huge Patio and Mezzanine Located in Sonora
RRC# 5112
Location: 208 S Green Street, Sonora
Description:
Real Estate Included – 25-year SBA loan available on the $4.25 Million asking price with $600k cash down. 14,414 square foot in total with 10,000 sq ft of fully usable bar and restaurant space with an ABC Type 47 Hard Liquor License, 3 bars and a beautiful Beer Garden all with the Real Estate included. Custom-built Beer Garden/Restaurant/Cocktail Bar & a State-of-the-art Tap Room located in the historic Gold -Rush town of Sonora, CA. This iconic property features outdoor, multi-level seating in the Beer Garden and expansive roof-top patio with lounge area and fire pits (seating for 236 guests). Located in a high-traffic area in central downtown. The present owners have developed a local’s bar and restaurant especially for the outdoor and upstairs mezzanine, with beautiful views of the city and surrounding countryside. Also, the “Bourbon Barrel”- a gorgeous, one-of-a-kind rustic bar with a Kentucky-style that specializes in bourbons, whiskeys, and craft cocktails. This space accommodates up to 52 guests.
Property also features an indoor event space with a dedicated bar and hosts bands, wedding, corporate events, conferences, and numerous private parties for 250 guests with seating for 130. A separate private dining room, the “Wine Room”, is perfect for private dinner parties of up to 30. Additional warehouse space in rear of property is a blank slate, -space for whatever you’d like to create. Total building seating capacity for 466.
Sale includes business, goodwill, all the assets. 2024 sales revenue was $2.3 million producing almost $500,000 in profit. This property is SBA pre-approved for a long term 25-year loan for well-qualified, experienced Buyers with excellent credit. The monthly SBA finance will be around $20,000. A Lease alone would be far greater, so purchasing the business with the real estate is the smart decision.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker, Keith Simpson's direct contact information so you can discuss this opportunity in more detail. No Broker Coop..

Financial Information:
Monthly Revenue: $190,500
Monthly Cash Flow: $41,660
Annual Revenue: $2,287,000
Annual Cash Flow: $480,000
General Info:
Ownership: LLC
Established: 2019
Employees: 32
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 14,414
Seating: 466
Parking: 100
Licenses: ABC Type 47, Health and Business Licenses
Days/Hours of Operation: Mon Closed Tue 4:00 PM - 9:00 PM Wed 4:00 PM - 9:00 PM Thu 4:00 PM - 9:00 PM Fri 11:00 AM - 12:00 AM (Next day) Sat 11:00 AM - 10:00 PM Sun 11:00 AM - 9:00 PM

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,414 SF
Building Class
C
Year Built
1955
Price
$5,875,625 CAD
Price Per SF
$407.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
25 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
126’ on South Green Street

AMENITIES

  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Restaurant
  • Skyway
  • Air Conditioning
  • Balcony
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Save Mart
Bank of America
Grocery Outlet
Oak Valley Community Bank
Bank of Stockton
Applebee's
Rent-A-Center
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-152-074-000
Land Assessment
$747,881 CAD
Improvements Assessment
$2,991,524 CAD
Total Assessment
$3,739,405 CAD
  • Listing ID: 27044665

  • Date on Market: 2022-11-04

  • Last Updated:

  • Address: 208 S Green St, Sonora, CA 95370

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