1611 2nd Ave

    Oakland, CA 94606
    • $885,000
    • STATUS: Active
    • ID#: 40873190
    UPDATED: 56 min ago
    $885,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Investor alert! Very famous and busy restaurant for sale on Lake Merritt. Full Service Restaurant, Beer & Wine Bar with large outdoor patio overlooking Lake Merritt. Serving Brunch, Happy hour and Dinner. 47 license and a Type 1 hood. After seven years of operation, sales are consistently strong, averaging nearly $2,000,000 annually for the past three years. Growing catering and take-out business with room to do more. Unique menu accommodates most dietary demands with many proprietary items. The restaurant is run by a very skilled management team and an absentee owner. This restaurant has had many positive food reviews including acclaim for the New York Times! Please contact listing agent, Jennifer Tucci at 415-846-8822 for detailed financials.

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    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-08-20T19:40:36.633.

    www.lucasgphomes.com/homes/96655869

    1611 2nd Ave Oakland, CA 94606

    • Price: $885,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 40873190
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Lake Merritt
    County:
    Alameda
    Area:
    Oakland
    Property Description
    Investor alert! Very famous and busy restaurant for sale on Lake Merritt. Full Service Restaurant, Beer & Wine Bar with large outdoor patio overlooking Lake Merritt. Serving Brunch, Happy hour and Dinner. 47 license and a Type 1 hood. After seven years of operation, sales are consistently strong, averaging nearly $2,000,000 annually for the past three years. Growing catering and take-out business with room to do more. Unique menu accommodates most dietary demands with many proprietary items. The restaurant is run by a very skilled management team and an absentee owner. This restaurant has had many positive food reviews including acclaim for the New York Times! Please contact listing agent, Jennifer Tucci at 415-846-8822 for detailed financials.
    Exterior Features

    Exterior Stucco Garage Or Parking None Location Corner Parking Spaces Total 0 Roof Unknown Tot Bldg Sq Ft 0

    Interior Features

    Bus Sq Ft Of Bldg 0 Floors Concrete Slab

    Property Features

    Annual Act Gross Inc 0 Annual Insurance Expense 0 Annual License Expense 0 Annual Misc Inc 0 Annual Taxes 0 Annual Utility Expense 0 Business Name 0 Business Type Restaurant Employees Manager Run Existing License And Permits Beer And Wine - On SaleBusiness License Facilities Other Financial Data Source Tax Return Form Of Ownership Corporation Gross Oper Actual Inc 0 Lease Type Triple Net Net Oper Income 0 Other Annual Expense 0 Sale Includes Fixtures And EquipmentGoodwillInventoryLiquor LicenseTelephone System Special Information None Tenant Expense Common Area MaintenanceElectricExterior MaintenanceFire InsuranceGasHVAC MaintenanceInterior MaintenanceJanitorialLiability InsuranceNNN/AllSewerSite MaintenanceTaxesWaterTrash Terms Cash Total Annual Operating Expenses 0 Year Business Started 2012 Zoning Comm

    Listing courtesy of of Intero Real Estate.


    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-08-20T19:40:36.633.

     
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