Highly Established Turn-Key Operational Restaurant: ±5,250 SF
Listing was updated at: 04/17/2019
Property Overview
Price/Rent PSF $ 400,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 5,250
Date Available 04/17/2019
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Located in the most desirable area of Downtown Porterville, north of E Orange Avenue, east of S Main Street, south of E Walnut Avenue and west of S B Street in Porterville, CA. Central location surrounded with close proximity to many restaurants, services and many other amenities. Nearby quality tenants include the South County Justice Center Courthouse, Bank of Sierra Corporate Offices, City of Porterville Hall, Porterville Recorder Newspaper, CA DMV, Proteus, Bank of America, Beneficial State Bank, United Staffing, and many more.

Established ±5,250 SF Freestanding Restaurant building with an established presence in Porterville. Offers direct Main Street frontage, a FREE 1.24 acre city-maintained 81 space parking lot. Performing restaurant with over $300,000 in gross annual sales and over 15,000 transactions per year. Features energy efficient upgrades, functional floor plan, private banquet rooms, fresh flooring, up-to-date fully operational turn-key kitchen, several refrigerators and freezers, large open areas, separate kitchen and food preparation area, walk in coolers, hood range, multiple restrooms, and more. Significant opportunity to add a fully functional "Class A" bar upgrades as an addition component that is currently underutilized. Property has opportunity for hosting events, parties, civic/club meetings, and more. Sale includes all real estate, Type 47 liquor license, furniture, fixtures, equipment, inventory, and good will. Restaurant currently doing business as "The Cellar".