722 3rd Street

Crescent City, CA 95531-2317

MLS # 240284

Asking Price: $625,000

Property Details

VERY RARE BUSINESS OPPORTUNITY DOWN TOWN CRESCENT CITY! THE famous 'Glens Bakery and Restaurant"property located in the mainstream of down town Crescent City. 80 seating capacity, completely updated electrical (3 phase), new roof by Stone roofing, and all set up for 2 ADA restrooms. Further information regarding this C-1 property & opportunity will be under associated documents. List of all new available equipment to be available and WiLL be included in listing price along with the name. Renovations are still in progress.This prime restaurant location features up to 10 parking spaces and ample on-street parking, serving an area in need of diverse dining options. It’s an excellent opportunity to establish a renowned dining destination in this high-visibility area. The space comes with a stunning, though not yet set-up, mahogany and cherrywood bar from Wallace and Hinz Great American Bar Company, valued at $130,000 if purchased new. The seller has made significant improvements including new insulation, 90% completed drywall, a new HVAC heat system, updated sewer and copper pipe plumbing, and new heavy-duty 3-phase electrical systems. The roof has been replaced by Stone Roofing. Additional features include two ADA-compliant bathrooms that are nearly finished and a newly installed service entrance door. The seller is generously including a range of new appliances: a 6-burner range/oven, 4' grill, large steam table, 10x12 deck oven, Pitco donut fryer, commercial blast chiller, refrigerated bakery display case, deli unit with refrigerated doors, and more. The space also includes two hood systems (one 16' with return-air and one 5' for the donut fryer with heated make-up air), a 10'x12' walk-in cooler, and commercial wood prep tables. A complete list of equipment will be provided with offers. Located just 2 blocks from Front Street Park—soon to be home to a new amphitheater and host to events like the 4th of July celebration, parade, hot air balloon rides, Sea Cruise, and Christmas Light Parade—the site is also near the world-famous Battery Point Lighthouse, the Marine Mammal Center, and B-Street Pier. The corner lot benefits from high visibility and C-1 zoning, offering various possibilities, including the potential for a second-story addition or ocean-view apartment units (subject to City Building Department approval). Qualified buyers may view the property by appointment only.

Basic details

  • Address: 722 3rd Street
  • City: Crescent City
  • Asking Price: $625,000
  • Acres: 0.14
  • Foundation: Concrete Slab
  • Parking: 21 - 30
  • APN #: 51.5' X120'
  • Type: BUILDING AND LAND
  • Year Built: 1964
  • Current Use: Other
  • Water/Sewer: Public Wtr Swr
  • Sprinkler System: Unknown
  • Number of Units: 1
  • Zoning: C-1

No additonal details provided.


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This listing provided by DONNA ZORN of MING TREE REAL ESTATE

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