San Rafael 4th Street Restaurant Sold 2017

Restaurant Details - Please Send More Info About This Property


Property Photo
DESCRIPTION
San Rafael Prime 4th Street Restaurant with Beer and Wine license and full kitchen. 2,400 SF Convert to any concept.
This is a 2,400 SF restaurant with beer and wine license on Fourth Street in downtown San Rafael. It has a nice dining room facing the street with 49 seats. It has a full kitchen with two hoods and ample prep space, walk-in etc. The name is not included but can be converted to any concept. Lease: Rent: $5,474 Monthly Property Tax, Insurance and City Sewer Charges are approximately $6,044 annually. Term: Until 3-31-17 + five (5) year option to extend with 3% annual increases. This is a confidential sale. Please do not disturb the employees. IN ESCROW
GENERAL
Region:
San Francisco/North Bay

Location:
San Rafael

FINANCES
Asking Price:
140,000

Sales Volume:
450,976

Monthly Rent:
$5,474

FACILITY
Approximate Size:
2,400 SF

Seating:
49

License:
Beer and wine

Lease Expiration:
3-31-17

Lease Options:
one (5) year option