The Sonora Armory Complex | 208 S Green St
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The Sonora Armory Complex 208 S Green St
14,414 SF Retail Building Sonora, CA 95370 £3,325,413 (£231/SF)
Investment Highlights
- State-of-the-art Event Center and Entertainment Complex, The Armory, located in the historic Gold Rush town of Sonora, CA
- Included in the sale are two operating, fully-turnkey restaurants, each with their own kitchen, as well as a private event/catering business.
- This iconic property features expansive outdoor, multi-level seating in the lush Beer Garden and expansive roof-top patio with lounge area
Executive Summary
Real Estate Included - SBA Loan Pre-approved - Restaurant & Bar with Huge Patio Located in Sonora
RRC# 4750
Location: 208 S Green Street, Sonora
Description:
Real Estate Included - SBA Loan Pre-Approved at a $4.25 Million asking price with $600k cash down. 14,000 square feet in total with 10,000 sq ft of fully usable bar and restaurant space with an ABC Type 47 Hard Liquor License, 3 bars and a beautiful Beer Garden all with the Real Estate included. Custom-built Beer Garden/Restaurant/Cocktail Bar & a State-of-the-art Tap Room located in the historic Gold -Rush town of Sonora, CA. This iconic property features outdoor, multi-level seating in the Beer Garden and expansive roof-top patio with lounge area and fire pits (seating for 236 guests). Located in a high-traffic area in central downtown. The present owners have developed a local bar and restaurant especially for the outdoor and upstairs mezzanine, with beautiful views of the city and surrounding countryside. Also, the “Bourbon Barrel”- a gorgeous, one-of-a-kind rustic bar with a Kentucky-style that specializes in bourbons, whiskeys, and craft cocktails. This space accommodates up to 52 guests.
Property also features an indoor event space with a dedicated bar and hosts bands, wedding, corporate events, conferences, and numerous private parties with seating for 130. A separate private dining room, the “Wine Room”, is perfect for private dinner parties of up to 30. Additional warehouse space in rear of property is a blank slate, -space for whatever you’d like to create. Total building capacity 466 persons.
Sale includes business, goodwill, all the assets. 2023 sales revenue was $2.2 million producing almost $500,000 in profit. This property is SBA pre-approved for a long term 25-year loan or the Seller is even willing to carry a note for $2 Million for well-qualified, experienced Buyers with excellent credit. The monthly SBA finance would be around $17,000 and to just rent the business would be the same, so purchasing the business with the real estate is the smart decision.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker, Keith Simpson's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $173,892
Monthly Cash Flow: $45,475
Annual Revenue: $2,086,700
Annual Cash Flow: $545,700
General Info:
Ownership: LLC
Established: 2019
Employees: 32
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 14,414
Seating: 466
Parking: 100
Licenses: ABC Type 47, Health and Business Licenses
Days/Hours of Operation: Mon Closed Tue 4:00 PM - 9:00 PM Wed 4:00 PM - 9:00 PM Thu 4:00 PM - 9:00 PM Fri 11:00 AM - 12:00 AM (Next day) Sat 11:00 AM - 10:00 PM Sun 11:00 AM - 9:00 PM
RRC# 4750
Location: 208 S Green Street, Sonora
Description:
Real Estate Included - SBA Loan Pre-Approved at a $4.25 Million asking price with $600k cash down. 14,000 square feet in total with 10,000 sq ft of fully usable bar and restaurant space with an ABC Type 47 Hard Liquor License, 3 bars and a beautiful Beer Garden all with the Real Estate included. Custom-built Beer Garden/Restaurant/Cocktail Bar & a State-of-the-art Tap Room located in the historic Gold -Rush town of Sonora, CA. This iconic property features outdoor, multi-level seating in the Beer Garden and expansive roof-top patio with lounge area and fire pits (seating for 236 guests). Located in a high-traffic area in central downtown. The present owners have developed a local bar and restaurant especially for the outdoor and upstairs mezzanine, with beautiful views of the city and surrounding countryside. Also, the “Bourbon Barrel”- a gorgeous, one-of-a-kind rustic bar with a Kentucky-style that specializes in bourbons, whiskeys, and craft cocktails. This space accommodates up to 52 guests.
Property also features an indoor event space with a dedicated bar and hosts bands, wedding, corporate events, conferences, and numerous private parties with seating for 130. A separate private dining room, the “Wine Room”, is perfect for private dinner parties of up to 30. Additional warehouse space in rear of property is a blank slate, -space for whatever you’d like to create. Total building capacity 466 persons.
Sale includes business, goodwill, all the assets. 2023 sales revenue was $2.2 million producing almost $500,000 in profit. This property is SBA pre-approved for a long term 25-year loan or the Seller is even willing to carry a note for $2 Million for well-qualified, experienced Buyers with excellent credit. The monthly SBA finance would be around $17,000 and to just rent the business would be the same, so purchasing the business with the real estate is the smart decision.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker, Keith Simpson's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $173,892
Monthly Cash Flow: $45,475
Annual Revenue: $2,086,700
Annual Cash Flow: $545,700
General Info:
Ownership: LLC
Established: 2019
Employees: 32
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 14,414
Seating: 466
Parking: 100
Licenses: ABC Type 47, Health and Business Licenses
Days/Hours of Operation: Mon Closed Tue 4:00 PM - 9:00 PM Wed 4:00 PM - 9:00 PM Thu 4:00 PM - 9:00 PM Fri 11:00 AM - 12:00 AM (Next day) Sat 11:00 AM - 10:00 PM Sun 11:00 AM - 9:00 PM
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,414 SF
Building Class
C
Year Built
1955
Price
£3,325,413
Price Per SF
£231
Tenancy
Single
Number of Floors
1
Building FAR
1.00
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
25 Spaces
Frontage
126 ft on South Green Street
Amenities
- Conferencing Facility
- Corner Lot
- Courtyard
- Restaurant
- Skyway
- Air Conditioning
- Balcony
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 002-152-074-000 | Improvements Assessment | £1,596,198 |
| Land Assessment | £399,050 | Total Assessment | £1,995,248 |
PROPERTY TAXES
Parcel Number
002-152-074-000
Land Assessment
£399,050
Improvements Assessment
£1,596,198
Total Assessment
£1,995,248
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The Sonora Armory Complex | 208 S Green St
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