For Sale. El Caporal Restaurant. 117 W. Main Street Everson, WA 98247

Transcription

1 For Sale El Caporal Restaurant 117 W. Main Street Everson, WA Asking: 420,000 Contact: Coldwell Banker Bain 3610 Meridian St. Bellingham, WA pg. 1

2 Table of Contents El Caporal Restaurant W. Main Street Everson, WA Contact: Executive Summary:... 4 Listing Information:... 5 Photos:... 6 Location:... 7 Street Frontage:... 7 Parking:... 7 Improvements:... 7 Zoning:... 7 Lot Size:... 7 Remodel of Restaurant:... 8 Architectural & Engineering:... 8 Concrete Reinforcing:... 8 Earthquake Compliance:... 8 Gas Lines Replaced:... 8 Plumbing:... 8 Electrical:... 8 HAVAC System:... 8 Roofing:... 8 Insulation of Building:... 8 Flooring:... 8 Restrooms:... 8 Storage Room Addition:... 8 Wait Stations:... 8 Paint & Coating:... 9 Page 2

3 Millwork:... 9 Openings:... 9 Kitchen Remodel: upgrades or additions... 9 Trash Area:... 9 Furnishings:... 9 Other Furnishings:... 9 Demolition:... 9 Equipment List:...10 Legal Description: page 1 of Legal Description page 2 of Page 3

4 Executive Summary: El Caporal Restaurant 117 W. Main St. Everson, WA Executive Summary Description: Address: Remodeled Restaurant, plumbing, grease-trap, electrical, fire suppression, and roof. The sale includes an extensive list of restaurant equipment. Seating for W. Main Street Everson, WA Location: Everson has a population of 2,800, and is located on State Route 544 a primary US/Canadian crossing route. High daily traffic counts of 9,000+ cars. Everson is 18 miles northeast of Bellingham (pop. 78,000) Building: Main floor is approximately 4,391SF and a partially finished 2 nd floor of 925 SF. Total 5,316 SF Land Area: Bld. Age: This offering includes two tax parcels A and B, for a total of 10,019 SF. The restaurant is located on parcel A and is 50 x 100 The paved parking lot is located on parcel B and it is also 50 x 100. Remodeled in Originally built in 1934, two later additions in 1970 and 1974 increased the size of the building, the remodel in 2004 which enclosure of a walkway added additional square footage. List Price: 420,000 Lease: 1 st Year: 2,000/mo +NNN; 2 nd Year 2,800/mo +NNN: 3 rd 5 th Year 3,000 NNN 3.90/SF Page 4

5 Listing Information: Page 5

6 Photos: Page 6

7 Location: Everson is a commercial, retail and professional center serving the Nooksack Valley s rich diversified agricultural community. Farming activities consist of dairy farms, strawberry, raspberry and blueberry farms, small cattle raising operations and row crops such as corn, peas, carrots and potatoes. Street Frontage: The property has 100 feet of frontage along Main Street. Parking: The property includes a paved and improved parking area for 18 cars on the west side of the restaurant. The adjacent public parking lot on the south side of the restaurant provides parking for 60 cars. There is also street parking along Main Street. Improvements: Originally constructed in 1934 the building consisted of approximately 1400 SF, which today is the front of the restaurant and kitchen area. The building was expanded in 1970 and again in A small amount of additional square footage was added in 2004 when the walk-way along the west side was enclosed to provide a service entrance to the kitchen, and additional storage. The Sellers did a complete upgrade in 2004; bring the building up to City and County building and health codes. The extensive list included plumbing, electrical, structural, mechanical, roofing and fire suppression. See following section for more details of remodel. Zoning: The property is zoned Commercial which allows for a variety of commercial, retail, service and professional uses. Lot Size: Lots A and B together are 100 x 100 for 10,019 SF total. Street frontage is 100 feet. pg. 7

8 Remodel of Restaurant: An extensive and complete renovation of the facility was completed in The renovations brought the restaurant up to the current building and health codes. The brief outline is provided so that an investor will have an understanding of the work performed and the condition of the building. The following is a brief account of the work performed by the owners. Architectural & Engineering: Evergreen Engineering & Design produced blueprints for permitting and construction. Architectural and engineering fees approximately 30,000. Concrete Reinforcing: Structural footings and foundation upgrades required by City of Everson. Earthquake Compliance: Structural was retrofitted to meet quake standards. Gas Lines Replaced: Upgraded with new lines. Plumbing: Replaced old piping, including trenching to street with new water and sewer lines. New plumbing to upstairs room, with Rennai Tankless hot water heater. Electrical: All wiring brought to code, wiring enclosed in conduit, and upgrade of breakers. New interior lighting and Exit Signs. HAVAC System: New roof mounted HAVAC with new distribution ducks. Roofing: New roof covering torch-down installed Insulation of Building: Ceiling, wall and floor insulation as per current codes. Gypsum board was removal/replacement to insulate the building. Flooring: New flooring treatment throughout building. Restrooms: Added new ADA restroom and remodeled existing men s and women s. Storage Room Addition: New construction to enclose breeze way, 2 feet of cinder block wall and installation of mop sink and two hot water tanks. Wait Stations: Construction of 2 wait station, with sinks and bar service area. Page 8

9 Paint & Coating: Painting. Millwork: Moldings and architectural wood casework. Openings: Doors and Windows. New exterior side exit door and new rear exit door and a second set of weather barrier doors at front entrance. Installation of double pane windows at rear of building and upstairs. Kitchen Remodel: upgrades or additions 1. Wall covering in stainless steel sheeting. 2. Fire Suppression System 3. Roof-top Hood ventilation (new) 4. Hand washing sinks (2) 5. Prep Tables: additional 2 tables 6. Grease Trap: installed grease trap Trash Area: Fenced area. Furnishings: Manufactured wood casework, cabinets and countertops. Other Furnishings: Tables and Chairs plus extensive amount of kitchen utensils. Demolition: Removal and Salvage of Construction Materials Page 9

10 Equipment List: Restaurant Equipment Asset or serial number Item description (make and model) Location Condition Initial value KM500 MAE Ice Maker Hoshizaki-American Wait Station Good Ice Maker Storage Bin Hoshizaki-American Wait Station Good Ice cream Freezer Bar Station Good L-1 Bar Dishwasher Li'l Mizer Bar Station Good 8956 Dishwasher Blakesless Kitchen Good TSSU Sandwich Pre Table (refrigerated) Superior Kitchen Good GF14SP Deep-Fat Fryer ( 800 ) FryMaster Kitchen Good Char-Broiler Royal Range Kitchen Good Range/Oven (6 burner 2 ovens) Royal Range Kitchen Good Salamander / Quick Over American Range Kitchen Good GSB235f SS Upright Freezer 1,700) Greenworld Kitchen Good Chairs Dining Rm Good Table Top w/ Base Dining Rm Good Grill Top Royal Range Kitchen Good ADT Walk-in Refrigerator Bohn Heat Transfer Kitchen Good Total 2, , , , , , , , , , , , , Page 10

11 Legal Description: page 1 of 2 Page 11

12 Legal Description page 2 of 2. Page 12