REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Cristelle Milani • Keller Williams Realty Roseville
$ 600,000
Est. payment | /mo
$ 600,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Service
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 25-4178
Property Sub-Type Service
Source Shasta Association of REALTORS®
Property Description
Mike & Wanda's has been the Toast of the Town in rural Tulelake for 39 years! Tulelake, w/world famous waterfowling history, attracts people from far & wide! Building, business, equip., fixtures for restaurant & bar, non-perishable invt., furnishings. Point of sale sys, CA lottery sale sys. & Liquor Lic. to be sold together. A full Liquor Lic., type 47, w/type 58 atch., incl. Liquor Lic. allows for beer & wine to be sold ''off sale'', meaning: per ABC, ''if there is a specialty beer or wine, customers can buy it to take home, but cannot operate as a store''. Type 58 atch. allows alcohol to be served at catered events anywhere in CA. w/10 day period, reqd. for ABC to issue permit, & less than $200 fee, per ABC. Type 47: $960 per yr. Type 58 atch.: $280 per yr, per ABC. ABC not issuing Liquor Lics. in Siskiyou Co., currently for hard alcohol, only beer & wine. Transfer process: appx. $2200 fees, bkgd. check, appx. 60-90 day period for ABC appv. Ca. Lottery sales has transfer process for approval, taking aprx 60 days. Bar boasts pool table, unique bar & back bar out of San Francisco club, plenty of seating, & outside beer garden. Restaurant has not only great food, but largest banquet space for miles, hosting many events for various clubs/assocs. & holiday office parties. Kitchen is fully equipped, with new refrigeration sys. in walk-in freezer, new pizza oven, new ice cream machine, & private office space between cafe & bar. 3 public BRs, 1 private BR.
Upstairs consists of 4 1 bed, 1 bath apartments with kitchens, over 20 single rooms and 4 more community bathrooms. Restoration and repair needed in many upstairs rooms. Roof needs Repair/Replace. Escrow may be 90 days+. Events are booked for this holiday season. Start the new year with a new opportunity! Showings must be scheduled around business hours & events, so as not to disturb patrons. Sellers happy to entertain all offers. Buyer to do due diligence. Siskiyou Co. ABC: 530-224-4830. Sellers are currently working on equipment list with aprx. ages of equipment. Hours of operation: Lunch 11-2 Mon-Fri, Dinner 4-8 Tues -Fri. There are endless creative business expansion possibilities here.
Upstairs consists of 4 1 bed, 1 bath apartments with kitchens, over 20 single rooms and 4 more community bathrooms. Restoration and repair needed in many upstairs rooms. Roof needs Repair/Replace. Escrow may be 90 days+. Events are booked for this holiday season. Start the new year with a new opportunity! Showings must be scheduled around business hours & events, so as not to disturb patrons. Sellers happy to entertain all offers. Buyer to do due diligence. Siskiyou Co. ABC: 530-224-4830. Sellers are currently working on equipment list with aprx. ages of equipment. Hours of operation: Lunch 11-2 Mon-Fri, Dinner 4-8 Tues -Fri. There are endless creative business expansion possibilities here.
Location
State CA
County Siskiyou
Direction HWY 139 to Main Street, Tulelake. West on Main Street, cross RR tracks, left on Modoc. Establishment on the left.
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 050-062-020-000
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "