$600,000
$695,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
0.71 Acres Lot
SOLD DATE : 04/25/2014
Key Details
Sold Price $600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR13235917
Sold Date 04/25/14
HOA Y/N No
Lot Size 0.710 Acres
Property Description
Nico's Mexican Restaurant has been a staple in the Antelope Valley since 1974. Located on 2 lots 005 & 006 ithis property is situated on a 30,928 sq ft commercial lot on Sierra Hwy. This is one of the few lots hooked up to sewer on Sierra Highway. The owner invested $100,000 to connect to the public sewer system. Included in the sale is the commercial 4,091 sq ft building, assets, goodwill, and turn-key restaurant business. The business has a full liquor license (47) and catering lic.(58)included. The building features newer carpet that is only 5 years old, 2 refrigerators including a huge walk in cooler, 2 ovens, 2 ice machines, broiler, deep fryer and more (Vulcan made). There is no price to put on the Goodwill of the loyal clientele that generates over $40,000 month in revenue. The exterior features a wrap around patio, with wrought iron fencing and the interior has a beautiful bar separated from the restaurant.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Zoning LRC3
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N Yes
View Desert
Others
Tax ID 3128008005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Trisha Provinge • Trisha Provinge Broker