4945 Hwy 99 E $699,000

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    4945 Hwy 99 E Vina, CA 96092

    • 4,276 sq. ft.
    • 2.32 Acres
    • Commercial Sale
    • MLS# SN21176300
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    Views: 35 Days On Market: 45

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    The iconic Lassen Steakhouse restaurant building situated on 2.3 acres is for sale. The sale includes the real estate, all existing restaurant and venue equipment, including an ABC Type 47 Liquor License. The restaurant, kitchen and bar were extensively remodeled last year with over $170,000 in improvements. Located directly on Highway 99, The Lassen Steakhouse has been at this location since 1928 and has been a local favorite for patrons traveling along Highway 99 and surrounding towns in Northern California. The interior ambience is amazing! With the rough-sawn open beam rafters, esthetically pleasing stone walls, banquet room, beautifully appointed full bar, fireplace and belt driven ceiling fans provides a great dining ambience. The restaurant portion can accommodate up to 140 patrons. Owner can transfer business name and continue The Lassen Steak House legacy or start your own restaurant and venues in this turn-key establishment. Located 1 mile from the New Clairvaux winery and monastery which provides a huge draw for wine lovers and history buffs alike. In order to access the winery you must pass by the subject property which is located on the corner of Vina road and Highway 99. Attracting guests of New Clairvaux is a wonderful opportunity, as monastery rules will not allow an onsite restaurant or hold events past 5:00 pm, making the Lassen Steakhouse and venue the best choice lunch or dinner stop, as it is the only restaurant in the area. Outdoors you will find 2.3 acres of beautiful landscaped grounds that have been used for wedding venues, parties, proms, etc. The pavilion, outdoor bar, meandering creek and enough tables and chairs for up to 200 guests, make this the ideal location for a turn-key venue. The AG-2 zoning allows for the construction of an additional dwelling. A new well was installed in 2020. The existing note of $385,000 is assumable. The property is conveniently located between Chico, Red Bluff and Corning. Everything is in place for you to start a successful business today!

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    Neighborhood

    96092 (Vina) Demographics

    42 Median Age
    7 Population Density (per sq. mile)
    50% College Educated
    $84,688 Estimated Median Income
    76 Estimated Total Home Owners
    40 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    343 Total Population
    Community data courtesy of LiveBy, Inc.

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $699,000
        9/26/2021 1:00:41 PM Status Changed Source: Multiple Listing Service New Value: Pending
        8/12/2021 11:03:00 AM New in Database Source: Multiple Listing Service New Value: $699,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 10/25/2021 10:20:51 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.