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Asking Price$2,219,999
Revenue$312,285 EstablishedUndisclosed
Cash Flow$133,167 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Cocktail Bar and Real Estate; Ground Floor Commercial and Upstairs 2 Bedroom and 1 Bath

RRC#: 3490
Asking Price: Offered At $2,219,999
Location: San Mateo County
Annual Revenue: $312,285
Annual Cash Flow: $133,167
Monthly Rent: Contact for Info

Listing Description:
Own a piece of history! Perfectly located on one of the Bay Area’s most vibrant downtown strips, this is a rare opportunity to own an iconic mixed-use commercial/residential building. Ground floor commercial was originally a butcher shop but has been occupied for nearly 80 years by a cocktail bar. The current adjusted net income is $70,695. Street level commercial is approx. 1,550 sf with two half baths, storage and outdoor patio, 2nd level residential is approx. 1,097 sf and offers 2 bedrooms,1 bath with living room, dining room, kitchen and outdoor deck. Ideal access to: 101, Caltrain, BART, 15 minutes from downtown SF, SF airport and 30 minutes from Silicon Valley! Net operating income on this rental is currently $57,214.

General Information:
Organization: Sole Proprietorship
Established: 1941
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $26,948
Monthly Cash Flow: $11,097
Annual Revenue: $312,285
Annual Cash Flow: $133,167
Payroll: Contact For Info
Monthly Revenue: $26,948
Monthly Cash Flow: $11,097
Ad #114231
Seller Reference #3490
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
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