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900 2nd St Sacramento, CA 95814

  • 4,000 sq.ft.
  • Commercial
MLS# 19060777 | Active
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Property Details

A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease, incredible central location in Old Sacramento, as well as a build-in generation of loyal and long-term customers. Current owner has been in the business for 40 years and will train the new buyer and share/teach all recipes. The restaurant has a liquor license, as well as beer/wine, which can be transferred to new owners. The outdoor patio comes to life and is a great place for customers to enjoy refreshing drinks & a scrumptious meal. Yearly gross and net income are readily available upon request to serious buyers. Seller might be interested in owner finance with a big down payment, but cash, or loan are preferred. Look no further! This is it! Better and more cost effective than some franchises.

  • General Features
    • Approx. Home Sq. Ft. 4,000
    • Approx. Lot Sq. Ft. 10890
    • Age Range 3 - 5 Years Old
    • Lease Terms Tax Increase
    • Current Lease Renewable, Triple Net
    • Labor Information Other
    • Sale Price Includes Fixtures and Equipment, Name, Special Permits
    • Transaction Type For Sale
    • County Sacramento
  • Building Features
    • Disability Features Ramp
    • Miscellaneous None
    • Seating 50-99
  • Property Features
    • Access Airport Nearby, Public Trans Nearby
    • Location Business District
    • Parking Public

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Neighborhood

95814 (Sacramento) Demographics

35 Median Age
7,512 Population Density (per sq. mile)
45% College Educated
$31,409 Estimated Median Income
429 Estimated Total Home Owners
5,314 Estimated Total Renters
7% / 93% Estimated Owner / Renter Divide
4 Estimated Average Household Size
10,487 Total Population
Community data courtesy of LiveBy, Inc.

Property History

Date Event Price Percent Change
-- Current Price Source New Value: $275,000
8/27/2019 12:45:00 AM New in Database Source

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Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 12/11/2019 2:49:08 PM. 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. Terms of Use