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Solly's Restaurant 7998 W Highway 12 2,178 SF Retail Building Wallace, CA 95254 $499,000 ($229.11/SF) 4% Cap Rate
Investment Highlights
- Heavy traffic few miles from Lake Camanche.
Executive Summary
This property is sold as is by owner. Owner occupied under Solly's Restaurant. The only Commercial building available in Wallace it could be multiuse retail or office or other commercial or live and work Or Airbnb.
Owner will finance 50% down carry 50% for 5 years loan current commercial interest rate.
AVAILABLE TO VIEW
WEDNESDAY Thu. Fri. Sat. SUNDAY.
12PM-5PM
NO APPOINTMENT NEED.
THE POST ACTVE MEANS THE BUILDING AVAILABLE.
Owner will finance 50% down carry 50% for 5 years loan current commercial interest rate.
AVAILABLE TO VIEW
WEDNESDAY Thu. Fri. Sat. SUNDAY.
12PM-5PM
NO APPOINTMENT NEED.
THE POST ACTVE MEANS THE BUILDING AVAILABLE.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$36,000
|
$16.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,000
|
$16.53
|
| Taxes |
$5,000
|
$2.30
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,000
|
$2.30
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $16.53 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $16.53 |
| Taxes | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $2.30 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $2.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,178 SF
Building Class
C
Year Built/Renovated
1951/1986
Price
$499,000
Price Per SF
$229.11
Cap Rate
4%
NOI
$19,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.27 AC
Zoning
C2 - Commercial retail
Parking
16 Spaces (7.35 Spaces per 1,000 SF Leased)
Frontage
103’ on Hwy 12
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Freeway Visibility
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Solly's Restaurant
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Solly's Restaurant | - | - | - | - |
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 048-019-003-000 | Total Assessment | $414,027 |
| Land Assessment | $44,161 | Annual Taxes | $5,000 ($2.30/SF) |
| Improvements Assessment | $369,866 | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
048-019-003-000
Land Assessment
$44,161
Improvements Assessment
$369,866
Total Assessment
$414,027
Annual Taxes
$5,000 ($2.30/SF)
Tax Year
2026 Payable 2026
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Solly's Restaurant | 7998 W Highway 12