429 Modoc Ave

Tulelake, CA 96134
  • $600,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing sha.1184 - 243523,243523

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.

Listing Highlights

Status Pending
Days on Site 319
Property Type Business Opportunity
MLS ® 25-4178
Year Built
Total Square Footage 0
Lot/Acreage N/A

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
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Exterior Details

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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 050-062-020-000
  • Tax Year: N/A

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429 Modoc Ave Tulelake, CA 96134

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Originating MLS: Shasta Association of REALTORS®

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Jenn Smart

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