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26488 Baseline St - Nikos Burger Drive-Thru Development
0.28 Acres of Commercial Land Offered at $337,536 CAD in Highland, CA 92346
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $337,536 CAD | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | Restaurant |
No. Lots | 1 | Total Lot Size | 0.28 AC |
Price | $337,536 CAD |
Sale Type | Investment or Owner User |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Restaurant |
Total Lot Size | 0.28 AC |
1 Lot Available
Lot
Price | $337,536 CAD | Lot Size | 0.28 AC |
Price Per AC | $1,212,623 CAD |
Price | $337,536 CAD |
Price Per AC | $1,212,623 CAD |
Lot Size | 0.28 AC |
Rectangular shape, 12,125 sqft. Ample room for parking in a drive-thru. On a busy main street, easy access. Good visibility. All permits are in place and paid (up-to-date). The area has been improving with new builds and more traffic.
Description
Sellers are experienced restaurateurs, and this was once their best location—high profits, netting almost 20k per month. The drive-thru was always busy—a long drive-thru fitting 8 cars. Sales were north of 100k. This was their cash cow. During the rebuild, they prepared plans to improve efficiency, increase sales, and minimize costs. The new building will retain the classic A-frame structure from 1963 as shown in the photo. Using the original colors of bold red and yellow and featuring a stand-in seam metal roof. 14 parking spaces. 2,800 sqft. A larger building with more dine-in seating and a new kitchen design would drastically minimize labor costs. The kitchen is wider now with a 14-foot hood. Adding 2 stations, one for drive-thru and take-out, phone orders, and the other for dine-in customers. 2 flat tops on each side with a charbroiler and prep area directly in the middle of the kitchen. Previously, they had six cooks and 1 person to prep. The new design would only take 3 cooks and 1 person to prep. Everything has been completed except for the actual build itself. All are to be transferred to the buyer. Plans, health, and school fees are all done and up to date. All building permits and blueprints completed and paid for are included in the price.
PROPERTY TAXES
Parcel Number | 1191-231-34 | Improvements Assessment | $0 CAD |
Land Assessment | $259,296 CAD | Total Assessment | $259,296 CAD |
PROPERTY TAXES
zoning
Zoning Code | Commercial (FST FD FRCHS) |
Commercial (FST FD FRCHS) |
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26488 Baseline St - Nikos Burger Drive-Thru Development
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