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For Sale: 6.94 Acre Property - With Restaurant, Beer & Wine - Riverside County, California

$1,299,999.00

Asking Price

  • Status: Active

  • Posting ID: 285165

  • 2/15/24

Riverside County 6.94 Acre Property - With Restaurant, Beer & Wine Business For Sale

Description

This iconic restaurant has been wowing folks for almost 75 years from a 6.94-acre parcel of land with 180 degrees of stunning mountain and lake views. Travelers from Southern California stop into this roadhouse destination to enjoy breakfast, lunch, or just a quick snack as they cruise the famed Highway. The restaurant occupies a ~2,300 sf. building with a fully equipped kitchen, a patio, and living quarters to boot! It’s high time for this restaurateur and property owner (at the helm since 1968) to retire, so she’s looking to pass on the land and business to a successor who can continue the grand tradition or dream up something new. 


Location, Location, Location!


This 6.94-acre parcel (elev. ~2500, ~5 acres developable) sits atop this famed Highway, with gorgeous panoramic views overlooking an ever-popular Lake (elev. 1296’). The parcel has been a restaurant since 1948 and is highly underutilized. It’s a fantastic development opportunity, as the county has favorably zoned the property. The northmost ½ is zoned C-P-S (Scenic Highway Commercial Zone), permitting a huge variety of potential uses ranging from bars and ice cream shops to tourist centers, bed and breakfasts, boutique hotels, or simply keep it as a beautiful hillside restaurant. The southmost ½ is zoned R-R (Rural Residential) and can be used for residential uses ranging from single-family dwellings to nurseries, greenhouses, and orchards.


Mountaintop Dining with the Finest of Views 


The owner has done a fantastic job of creating this nostalgic, historic restaurant, which offers good old-fashioned portions at great prices: 800+ four-star online reviewers aren’t wrong! As you enter the restaurant, you’re greeted by a vintage wood-burning stove, rustic wood beams, and a view of the lake from every seat. Antique décor and vintage photographs. The kitchen is equipped with a large Type 1 hood and all the bells and whistles to provide fresh, scratch-made quality food! Did I mention they offer the best smoked BBQ ribs west of the Mississippi? The restaurant also offers plenty of outside dining to soak up the Southern California sun and take it all in. 


After raising her family on this property and operating the iconic restaurant, the owner is ready to pass the reins to a qualified owner-operator, developer, or real estate investor. This is a rare opportunity to acquire a valuable piece of property in a fast-growing area of Southern California. The property has a myriad of uses, the sky’s the limit! All uses are (of course) subject to Buyer’s obtaining any required county and city approvals, plans & permits. Buyer to confirm all permitting, representations made herein, and zoning before the close of the sale. 


If real estate development, panoramic views, and business ownership are in your future, this is the opportunity for you. What are you waiting for? Reach out to the Agent today!

To get more information about this 6.94 Acre Property - With Restaurant, Beer & Wine business for sale in Riverside County please phone Robert Marshall (Agent - BRE License #:#02076841) at 714-323-5636 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285165 on BizBen.com. In addition to phoning Robert Marshall, make sure you email Robert Marshall above to get more info about this 6.94 Acre Property - With Restaurant, Beer & Wine, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01926680. BottomLine Business Brokers.

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Contact

  1. Name: Robert Marshall
  2. phone iconPhone: 714-323-5636
  3. phone iconPhone: --

Details

  1. Asking Price: $1,299,999.00

  2. Down: $300,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $250,000.00

  1. Area: Riverside County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportReal Estate IncludedOwner/Seller FinancingLicense (Liquor, etc.)

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