x
Seller Financing
Address
900 2nd St Sacramento, CA
Price
$ 275,000
Property Attributes
  • MLS#19060777
  • TypeBusiness Op
  • CountySACRAMENTO
  • CitySacramento
  • Zip95814
  • StyleRetail
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
Listing Provided Courtesy Of:
Carmen Micsa CalBRE# - 01275954 with Dynamic Real Estate
Property Description

A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease, incredible central location in Old Sacramento, as well as a build-in generation of loyal and long-term customers. Current owner has been in the business for 40 years and will train the new buyer and share/teach all recipes. The restaurant has a liquor license, as well as beer/wine, which can be transferred to new owners. The outdoor patio comes to life and is a great place for customers to enjoy refreshing drinks & a scrumptious meal. Yearly gross and net income are readily available upon request to serious buyers. Seller might be interested in owner finance with a big down payment, but cash, or loan are preferred. Look no further! This is it! Better and more cost effective than some franchises.

Price History
8/27/2019 Listed $275,000

General Features

Access Airport Nearby, Public Trans Nearby
Age Range 3 - 5 Years Old
Area 10814
Bldg Use-type Of Bus Retail
Business Name Luis Jr's Mexican Food
Cc&rs No
Census Tract 0.00
Current Lease Renewable, Triple Net
Disability Features Ramp
HOA MetroList Services, Inc.
Labor Information Other
Miscellaneous None
Property Description A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease
Property Subtype Restaurant
Sale Price Includes Fixtures & Equipment, Name, Special Permits
Transaction Type For Sale
USDA Tax Increase
Zoning C-2

Interior Features

Seating 50-99

Exterior Features

Parking Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95814

Price
AVG $160K
$280K
Visits
AVG 43
43

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.