40278 Road 425A - Restaurant FOR SALE


Oakhurst, CA 93644
$950,000 USD
619-787-6377
40278 Road 425A, Oakhurst, CA for Sale
$950,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

40278 Road 425A
Oakhurst, CA 93644


HIGHLIGHTS

  • Abundant Parking
  • Retail/Office Investment Property
  • Owner-User Opportunity
  • Long Term Tenants
  • Lots of Traffic on Highway 41

OVERVIEW

The Franco Realty Group is proud to exclusively present the commercial property known as The Big Foot Center in Oakhurst. This property is made up of various restaurants and office space, with a total building size of 6,868 square feet. Downstairs you will find two restaurants and a hair salon. Upstairs is occupied with 3 executive offices each with their own restroom. The executive suites all have window views overlooking the town of Oakhurst. All of the leases are on triple net lease agreements. The total land size of the parcel totals 21,344 square feet, or 0.48 acres of land. Due to the properties placement on Highway 41 the restaurants bring in great traffic from residents of Oakhurst as well as travelers on their way in to Yosemite. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. An investor can reposition the Big Foot Center by leasing out the vacant spaces and gradually raising rents over time. The offices could likely be converted into residential units, which has become a rising trend throughout Oakhurst. The owner-user, investor or developer who purchases this commercial property nestled in the mountains, will have the opportunity to greatly influence the vibrant community of Oakhurst.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Big Foot Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

CUM

APN/PARCEL ID

064-062-036

ASK ABOUT THIS PROPERTY

Sarkis KitsinianFranco Realty GroupMore Info
619-787-6377

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Sarkis KitsinianFranco Realty GroupMore Info
619-787-6377

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