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69501 Hwy 101
Leggett, CA 95585

The Peg House · Retail Property For Sale

Investment Highlights

  • Highway frontage with 4 direct entrance points with vehicle traffic over 6000 cars per day
  • Popular/profitable restaurant with over 800 five star Google reviews, the only restaurant within 20 mile radius
  • Under utilized buildings/acreage offer huge upside potential
  • Popular 160 space campground along the Wild and Scenic designated Eel River, with amazing/popular swimming spot directly across the street
  • Popular/profitable convenience store/deli/retail store, with outdoor dining area and covered stage/music venue
  • Owner financing available

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,614 SF
Building Class
B
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
5.80 AC
Zoning
RC - Residential Commercial
Parking
10 Spaces per 1,000 SF Leased
Frontage
800 FT on Hwy 101 North

Amenities

  • Courtyard
  • Food Court
  • Freeway Visibility
  • Restaurant
  • Signage

About 69501 Hwy 101 , Leggett, CA 95585

The Peg House is an iconic restaurant, store, and music venue located on Highway 101 in Legget California, across from Standish Hickey State Recreation Area and Campground (a very popular 160 space campground along the Eel River). Famous for their burgers, oysters, blackberry sundays, brownies of unusual size, and a store stuffed full of interesting and unusual shopping items, you never don't stop at the Peg House. This place is legendary, and its the only restaurant within a 20 mile radius. Written up in Sunset Magazine as one of the best burgers on the west coast with over 800 five star Google reviews and a loyal following of visitors from around the world, The Peg House is a unique profitable (gross $1.2M with much upside potential) opportunity awaiting new owners. Situated on 5.8 acres, with 800+ feet of Hwy frontage including 4 entrances, with an average of 6000 cars passing each day and the often full campground across the street. The property/business features 3 commercial buildings (only 1 currently in use, offering huge upside potential) and 3 residences (3bed, 2bed, 1bed) and includes a store, restaurant/grill, on-sale and off-sale liquor licenses, covered music stage, gas station (last operated in 2011) mechanic shop, warehouse, and large flat undeveloped land areas. PLEASE CONTACT Orion Walker (707) 228-0986 FOR MORE DETAILS.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
053-370-31-00
Land Assessment
$246,305
Improvements Assessment
$588,868
Total Assessment
$835,173
  • Listing ID: 26714342

  • Date on Market: 9/26/2022

  • Last Updated:

  • Address: 69501 Hwy 101, Leggett, CA 95585

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