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Lee's Canton Restaurant 511 Reeves Ave 5,446 SF Retail Building Yuba City, CA 95991 $1,150,000 ($211.16/SF)
Investment Highlights
- Corner lot of busy downtown area near schools, shopping, and public transportation with heavy foot traffic.
- Sale includes the building, land, fixtures, equipment, inventory, parking lot, and licenses..
- Well established for 50+ years
- Sellers are highly motivated to sell. Do not let the listing price deter you from submitting a reasonable offer
Executive Summary
Great opportunity to own a long-time historic restaurant in the heart of downtown Yuba City. It has been a staple in the community for 50+ years. It boasts 5400+ sq ft with a dining area, banquet room, and large basement. Included for sale is the building, land, fixtures, equipment, inventory, parking lot, and everything needed for an instant income producing investment. New walk-in freezer, commercial refrigerator, and (owned) commercial dishwashing machine installed October of 2019. Recent interior paint, tile work, and other minor updates. Unlike many businesses, it is 100% privately owned and ready for its new occupant. Now is a great time to take advantage of this fantastic busy down-town property with many possibilities.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,446 SF
Building Class
C
Year Built/Renovated
1956/2020
Price
$1,150,000
Price Per SF
$211.16
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
20 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (87)
Nearby Major Retailers
Property Taxes
| Parcel Number | 52-227-013 | Improvements Assessment | $212,861 (2025) |
| Land Assessment | $140,623 (2025) | Total Assessment | $353,484 (2025) |
Property Taxes
Parcel Number
52-227-013
Land Assessment
$140,623 (2025)
Improvements Assessment
$212,861 (2025)
Total Assessment
$353,484 (2025)
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Lee's Canton Restaurant | 511 Reeves Ave
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