22184 Highway 299 E
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22184 Highway 299 E
1,500 SF Retail Building Bella Vista, CA 96008 $875,000 ($583/SF)
INVESTMENT HIGHLIGHTS
- Interior of restaurant and the 3/2 have been substantially updated,
- There is a need for additional casual restaurant and or coffee shop to serve the area. Ideal for breakfast and lunch service.
- Bella Vista is a suburb of,and a short drive, from Redding with a growing traffic count on Highway 299E
EXECUTIVE SUMMARY
The property contains a restaurant building of approximately 1800 sq. ft with a fenced outdoor patio. There is also a 3 bedroom 1 bath house, a separate 1 bedroom 1 bath unit as well as a separate 3 bedroom 2 bath house with attached 2 car garage all on 8 acres.
The restaurant, which has been in use for over 30 years, has been updated but is currently not operating. This makes ideal for either an owner operator or investor that would rent the restaurant for increased income.
The three residential units are currently all rented with two of the tenants having been there for multiple years. The three bedroom house has just been renovated and updated.
The property is 8 acres in size and there is the possibility of splitting two 2 acre parcels at the north end of the property for further revenue possibilities.
The restaurant, which has been in use for over 30 years, has been updated but is currently not operating. This makes ideal for either an owner operator or investor that would rent the restaurant for increased income.
The three residential units are currently all rented with two of the tenants having been there for multiple years. The three bedroom house has just been renovated and updated.
The property is 8 acres in size and there is the possibility of splitting two 2 acre parcels at the north end of the property for further revenue possibilities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,500 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$875,000
Price Per SF
$583
Tenancy
Single
Building Height
1 Story
Lot Size
8.15 AC
Zoning
MU & RR - This property has split zoning, MU that has Highway 299 frontage and RR covering the rear of the property. possible lot split for additional units.
AMENITIES
- Fenced Lot
- Restaurant
- Monument Signage
PROPERTY TAXES
| Parcel Number | 305-310-066-000 | Improvements Assessment | $312,120 |
| Land Assessment | $312,120 | Total Assessment | $624,240 |
PROPERTY TAXES
Parcel Number
305-310-066-000
Land Assessment
$312,120
Improvements Assessment
$312,120
Total Assessment
$624,240
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22184 Highway 299 E
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