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NEW PRICE - RESTAURANT IN DOWNTOWN SARATOGA 14467 Big Basin Way 7,064 SF Retail Building Saratoga, CA 95070 $3,995,000 ($565.54/SF)
Investment Highlights
- Rare 7,064 SF Retail & Residential Building For Sale in Downtown Saratoga
- Large 3 Bedroom 2 Bathroom Apartment on 2nd Floor
- All Restaurant Equipment and Liquor License Included in the Sale
- Currently La Mere Michele Restaurant - Been in Business at this Location for 52 Years
- Turnkey Restaurant Owner User Opportunity: Building will Be Delivered Vacant at the Close of Escrow
- Large Format Restaurant/Banquet Facility
Executive Summary
-PRICE REDUCED FROM 4.5 MILLION TO 3,995 MILLION.....VERY GOOD DEAL ON THIS LARGE OF A BUILDING. Rare 7,064 SF Retail & Residential Building For Sale in Downtown Saratoga. MUST SEE LARGE BANQUET POTENTIAL, HUGE ROOMS, LARGE CAPAPCITY LARGE APARTMENT ON THE 3RD FLOOR.
- Currently La Mere Michele Restaurant, which has been in Business at this Location for 52 Years.
- Large 3 Bedroom 2 Bathroom Apartment on 2nd Floor.
- Turnkey Restaurant Owner User Opportunity: Building will Be Delivered Vacant at the Close of Escrow.
- All Restaurant Equipment and Liquor License included in the sale.
- Large Format Restaurant/Banquet Facility.
- Located on Big Basin Way in Downtown Saratoga.
- 5 Covered Parking Spaces and Adjacent to Free City Parking Lot.
- Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga.
- Located in the CH-1 (Commercial Historic – 1) Zoning Designation.
- Currently La Mere Michele Restaurant, which has been in Business at this Location for 52 Years.
- Large 3 Bedroom 2 Bathroom Apartment on 2nd Floor.
- Turnkey Restaurant Owner User Opportunity: Building will Be Delivered Vacant at the Close of Escrow.
- All Restaurant Equipment and Liquor License included in the sale.
- Large Format Restaurant/Banquet Facility.
- Located on Big Basin Way in Downtown Saratoga.
- 5 Covered Parking Spaces and Adjacent to Free City Parking Lot.
- Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga.
- Located in the CH-1 (Commercial Historic – 1) Zoning Designation.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,064 SF
Building Class
B
Year Built
1986
Price
$3,995,000
Price Per SF
$565.54
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.16 AC
Zoning
CH-1 - Commercial Historic - 1
Frontage
70’ on Big Basin Way
Amenities
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- La Mere Michelle
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| La Mere Michelle | Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 503-24-066 | Improvements Assessment | $1,130,044 |
| Land Assessment | $105,167 | Total Assessment | $1,235,211 |
Property Taxes
Parcel Number
503-24-066
Land Assessment
$105,167
Improvements Assessment
$1,130,044
Total Assessment
$1,235,211
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NEW PRICE - RESTAURANT IN DOWNTOWN SARATOGA | 14467 Big Basin Way
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