x
Price Reduction
Address
2085 W Kennedy Street Madera, CA
Price
$ 750,000
Property Attributes
  • MLS#502491
  • TypeCommercial
  • CountyMADERA
  • CityMadera
  • Area637
  • Zip93637
  • StyleRestaurant
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5685
  • Lot Size0.57 Acres
Listing Provided Courtesy Of:
Miracle Realty
Property Description

Just Reduced! Bring All Offers! The iconic Farnesi's Restaurant located on the north end of Madera CA near the intersection of Hwy 99 and Avenue 16 is now available. This family style restaurant has been owned and operated by Current owner for well over 45 years. The sale consists of the real property associated with the restaurant including building, lot and certain easements for signage, etc. Restaurant building includes coffee shop area, dining room, kitchen, full bar, office and storage areas. Restaurant operations, equipment and associated personal property may be negotiated with the purchase of the real property to provide an operating restaurant for a qualified buyer. This property can only be shown by APPOINTMENT ONLY. (LIQUOR License sold Separate) 

Price History
5/10/2018 Listed $1,000,000
7/26/2018 3% - $975,000
10/8/2018 3% - $950,000
12/13/2018 6% - $899,999
2/7/2019 12% - $799,999
10/2/2019 7% - $750,000

General Features

Access State Highway, Airport 2 - 3 Miles
Board Loaded No
Census Tract 0.000
Existing Loan Free & Clear
Fips Code 39
Improvement Value 0.00
Levels One
Location Interior
Miscellaneous Inside Storage, Handicap Facilities
Price Per Square Foot 131.93
Property SubType Other
Property Type Commercial
REO/Bank Owned No
Sale Options Total Parcel Only
Sales Includes Land & Improvements, Building (s), Business, Inventory, Equipment, Furniture, Licenses
Sub Lease Expiration Date 1800-01-01T00:00:00
Tenant Pays Utilities, Common Area, Maintenance Fees, Taxes, Insurance, Other, Parking Area, Janitorial
Total Value 0.00
Transaction Type Sale
Validated 1
Water/sewer/gas Private Water, City Sewer
Year Built 1962

Interior Features

Electric 220 Volts
Flooring Concrete Perimeter
Heat/Air Conditioning Central Heat/Cool
Living Area 5685.00
Restrooms 2

Exterior Features

Available Date 1800-01-01
Bathrooms 0.00
Parcelnumber 013070003
Exterior Features Stucco, Wood
Land Value 0.00
Lot Size Acres 0.57
Lot Size Source (Tax Records)
Lot Size Square Feet 24829.00
Number of Buildings 1
Parking Features 10 - 20 Spaces
Potential Use Restaurant
Price Per Acre 1315789.47
Roof Composition

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93637

Price
AVG $930K
$750K
Visits
AVG 21
8
Year Built
AVG 1965
1962
Walkscore
AVG 57
36
Data Provided by Walkscore ® not using MLS data

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