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Lee's Canton Restaurant 511 Reeves Ave 5,446 SF Retail Building Yuba City, CA 95991 $1,589,875 CAD ($291.93 CAD/SF)
INVESTMENT HIGHLIGHTS
- Corner lot of busy downtown area near schools, shopping, and public transportation with heavy foot traffic.
- Sale includes the building, land, fixtures, equipment, inventory, parking lot, and licenses..
- Well established for 50+ years
- Sellers are highly motivated to sell. Do not let the listing price deter you from submitting a reasonable offer
EXECUTIVE SUMMARY
Great opportunity to own a long-time historic restaurant in the heart of downtown Yuba City. It has been a staple in the community for 50+ years. It boasts 5400+ sq ft with a dining area, banquet room, and large basement. Included for sale is the building, land, fixtures, equipment, inventory, parking lot, and everything needed for an instant income producing investment. New walk-in freezer, commercial refrigerator, and (owned) commercial dishwashing machine installed October of 2019. Recent interior paint, tile work, and other minor updates. Unlike many businesses, it is 100% privately owned and ready for its new occupant. Now is a great time to take advantage of this fantastic busy down-town property with many possibilities.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,446 SF
Building Class
C
Year Built/Renovated
1956/2020
Price
$1,589,875 CAD
Price Per SF
$291.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
20 Spaces (3.67 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 52-227-013 | Improvements Assessment | $300,347 CAD (2025) |
| Land Assessment | $198,419 CAD (2025) | Total Assessment | $498,766 CAD (2025) |
PROPERTY TAXES
Parcel Number
52-227-013
Land Assessment
$198,419 CAD (2025)
Improvements Assessment
$300,347 CAD (2025)
Total Assessment
$498,766 CAD (2025)
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Lee's Canton Restaurant | 511 Reeves Ave
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