Lancaster, CA 93535,42417 Sierra HWY

$600,000

$695,000

13.7%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by Kenneth Terracciano • Re/Max All-Pro,Inc.
Bought with Trisha Provinge • Trisha Provinge Broker
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+1(949) 290-6780

lanceanthonyleonard@gmail.com

San Clemente, CA, 92673, USA

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