Address
5724 Thornton, Newark, CA
Price
$ 2,990,000
Property Attributes
- MLS#223108371
- TypeCommercial
- CountyALAMEDA
- CityNewark
- AreaNewark
- Zip94560
- StyleRetail
- Price$ 2,990,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2384
- Lot Size11,578 SqFt
Data Source:
MetroList MLS
Property Description
**Here's A Lucrative Investment Building...A Very Attractive Restaurant Building FOR SALE that is a Great Opportunity in a very high traffic area.** Fully Rehabbed inside and outside and built to perfection with great beauty and grace. It's Truly one-of-a kind and was made to perfection that attracts many customers daily. No expense was spared. The Brand is Hinodeya Bar Restaurant, a multi-generation business that is highly successful throughout the Bay Area for many years. Careful Research and Feasibility Study Is What We Do Best to Make Sure All Building Locations Produce Great Results. Seller will retain the business and do an attractive Leaseback to the new buyer for the building. It's Been A Hit Since Day 1!
| Price History | |
|---|---|
| 11/8/2023 | Listed $3,900,000 |
| 2/12/2024 | 13% - $3,400,000 |
| 2/16/2024 | 15% - $2,900,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Central |
| Cooling | Central |
| Utilities | Separate Gas Meter,Separate Water Meter |
| Roof | Composition,Other |
| Construction Materials | Stucco,Other |
| Year Built | 1969 |
| Electric | 220 Volts |
| Tenant Pays | Sewer,Electricity,Gas,Trash Collection,Water,Maintenance,Other |
| Stories | 1 |
| Loading | Other |
| Property SubType | Retail |
| Current Use | Restaurant |
| Location | Shopping Nearby,Other |
| Business Type | Restaurant |
| County | Alameda |
| Property Type | CommercialSale |
| Building Features | Cold Storage,Refrigeration,Control Room,Restroom(s)-Public,Dumpster,Server Room,Hood System,Kitchen Facilities |
| Close Price | 0.0 |
| Status | Active |
| Directions | From 84 E,take Paseo Padre Parkway to Thornton Ave. From 880 N,take exit 19 for CA-84E/Thornton Ave |
| City | Newark |
| Buyer Agent Compensation | 2 |
| Zoning Description | Restaurant Building |
| Total Units | 1 |
| MLS Area | Newark |
| Lot Size Square Feet | 11577.0 |
| Street Name | Thornton |
| Property Condition | Exterior-Excellent,Interior-Excellent,See Remarks |
| Structure Type | Retail |
| Standard Status | Active |
| Year Built Source | Assessor Agent-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Other |
|---|
Exterior Features
| Parking Features | Parking Lot 1 Block |
|---|---|
| Water Source | Public |
| Total Parking | 0.0 |
| Foundation Details | Other |
| Building Area Total | 2384.0 |
| Lot Size Acres | 0.2658 |
| Lot Size Source | Owner |
| Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 94560
Price
Visits
Year Built
Walkscore
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: April 28, 2024 11:59 AM UTC 