14745 Palmdale Rd - Restaurant FOR SALE


Victorville, CA 92392
$1,650,000 USD
626-898-9740
14745 Palmdale Rd, Victorville, CA for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

14745 Palmdale Rd
Victorville, CA 92392


HIGHLIGHTS

  • Value added Restaurant in the main street of Victorville CA on Palmdale Rd & Del Gado Rd!
  • One mile from Interstate 15, two miles from Costco Wholesale and The Home Depot Victorville, 3.5 miles from Walmart Supercenter Victorville, 35 miles
  • VALUE ADD: Huge sushi bar and full bar area that can generate more revenue, two twelve-foot hood with eight-burner stove, five-burner woks, two deep f
  • Priced TO SELL, for the real estate, equipment + liquor license 47 included.
  • Unique Restaurant/Bar with great location in one of the busiest street. The restaurant has one walk-in cooler and walk-in freezer combo and another wa
  • C-2 neighborhood commercial zone is to provide centers for convenience shopping in residential neighborhoods, planned and controlled to the extent tha

OVERVIEW

Growth Investment Group is proud to present 14745 Palmdale Rd, in a prime location and value add restaurant in Victorville, CA which is the pride and heart of the city. The property is a hard-corner lot property on a major corner Palmdale Road and Del Gado Road, arguably one of the busiest streets in Victorville, CA. The building is surrounded by several major retailers and blended with modern conveniences and strategically located along a busy route frequented by travelers between Los Angeles and Las Vegas. The property is situated in the core of retail and restaurant row and thus has ample vehicle traffic while providing a sophisticated environment with spectacular desert views that you won’t find anywhere else in Southern California. The Chinese influence designed building that was built in 1983 and has been remodeled since. When the owners bought the property, they renovated the entire restaurant and added many new & high-end amenities include a brand-new bar, two twelve type II hoods, and other equipment. The property is situated on a massive ±39059 SF lot zoned C-2 (buyer to verify) which provides at least 50+ spaces (2-Handicap Spots) of ample parking. The intent of the C-2 neighborhood commercial zone is to provide centers for convenience shopping in residential neighborhoods, planned and controlled to the extent that any such center will perform a vital service to the neighborhood in which it is located. The property is uniquely designed with huge front of the house and back of the house space. The restaurant is currently operated as a Chinese food and Sushi Restaurant which has been running continuously for over 20 years and can occupy 100+ people. When the new owners purchased it, they spared no expense with the upgrades including the best of high-end kitchen equipment, a noodle maker, walk-in coolers and freezer, two twelve foot hoods, fryers, wok burners, and liquor license 47 which will be included with the purchase price. This provides the new owner the opportunity to expand the business. The space has an open concept with great design and features a sushi bar area and a classic bar space that was built to be a full-service bar. The ground floor has two bathrooms and an ample walk-in freezer and cooler. The overall feel of the place is very charming.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$432 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Value-Add Restaurant, Liquor License 47

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C2

APN/PARCEL ID

0396-022-02

ASK ABOUT THIS PROPERTY

Abel BenitezGrowth Investment Group CaliforniaMore Info
626-898-9740

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Abel BenitezGrowth Investment Group CaliforniaMore Info
626-898-9740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.