| Asking Price |
$2,375,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1999 |
| FF&E |
$650,000* | Employees | 12 |
* included in the asking price
** not included in the asking price
Established Mexican Style Restaurant and Bar located on the First Floor has a 120 person seating capacity. Mezzanine between First and Second Floors used for banquet's or other special events. The Second Floor Bed and Breakfast contains 6 guest rooms, an office and manager's unit. Each guest room has it's own private bath. Bed & Breakfast improvements 90% complete. Improvements began 2007. Approximately 16,000 +/- Square Feet. Restaurant, Bar, Liquor License (type#47 can be used for catering offsite) included in sale price. For more information contact: Coldwell Banker Commercial-Gonella Realty Dan Gallagher at (209) 777-5626 dgallagher@gonellarealty.com CA DRE License #01819755 or Pam Spiva at (209) 761-8251 pamspiva.com CA DRE License #01737876
Attachments: Download additional information (PDF)
Facilities: Centrally located in revitalized downtown area across from Main Place Theatre and retail complex. Two story birch buliding with Queen Anne / French Second Empire Architectural design approved for Historical Resourse Designation. Bay windows projecting from beneath the shingled mansard roof while a polygonal turret and spire occupies the corner over the entrance. Dentils run between the closed eaves of the roof and the frieze, which consists of decorative horizontal rectangular panels.
Competition: Revitalized Downtown Merced features millions of $$$ in new investment over the past decade. These investments include an arts center, a "parcade" complex of professional offices, and Mainplace Merced, the $15 million, block-long multiplex movie theatre and retail spaces. Other investments include a new commercial building, a brewpub, street & alley improvements. There are many opportunities for the right mix of entrepreneurs
Growth/Expansion: Additional income possibile from Bed and Breakfast located on 2nd Floor

Dan Gallagher
(209) 725-7253 x-305
Gonella Realty
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