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Solly's Restaurant 7998 W Highway 12 2,178 SF Retail Building Wallace, CA 95254 $697,203 CAD ($320.11 CAD/SF) 4.03% Cap Rate
Investment Highlights
- Heavy traffic few miles from Lake Camanche.
Executive Summary
This property is sold as is by owner including equipment and fixtures. Owner occupied under Solly's Restaurant. The only Commercial building available in Wallace it could be multiuse retail or office or other commercial or live and work Or Airbnb.
Owner will finance 50% down carry 50% for 5 years loan current commercial interest rate.
AVAILABLE TO VIEW
WEDNESDAY Thu. Fri. Sat. SUNDAY.
12PM-5PM
NO APPOINTMENT NEED.
THE POST ACTVE MEANS THE BUILDING AVAILABLE.
Owner will finance 50% down carry 50% for 5 years loan current commercial interest rate.
AVAILABLE TO VIEW
WEDNESDAY Thu. Fri. Sat. SUNDAY.
12PM-5PM
NO APPOINTMENT NEED.
THE POST ACTVE MEANS THE BUILDING AVAILABLE.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$50,706
|
$23.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,706
|
$23.28
|
| Taxes |
$7,042
|
$3.23
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,042
|
$3.23
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $50,706 |
| Annual Per SF | $23.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $50,706 |
| Annual Per SF | $23.28 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,042 |
| Annual Per SF | $3.23 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,042 |
| Annual Per SF | $3.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,178 SF
Building Class
C
Year Built/Renovated
1951/1986
Price
$697,203 CAD
Price Per SF
$320.11 CAD
Cap Rate
4.03%
NOI
$28,113 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.27 AC
Zoning
C2 - Commercial retail
Parking
16 Spaces (7.35 Spaces per 1,000 SF Leased)
Frontage
103’ on Hwy 12
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Freeway Visibility
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Solly's Restaurant
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Solly's Restaurant | - | - | - | - |
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 048-019-003-000 | Total Assessment | $586,473 CAD |
| Land Assessment | $62,554 CAD | Annual Taxes | $7,042 CAD ($3.23 CAD/SF) |
| Improvements Assessment | $523,919 CAD | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
048-019-003-000
Land Assessment
$62,554 CAD
Improvements Assessment
$523,919 CAD
Total Assessment
$586,473 CAD
Annual Taxes
$7,042 CAD ($3.23 CAD/SF)
Tax Year
2026 Payable 2026
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Solly's Restaurant
Solly's Restaurant | 7998 W Highway 12
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