501 S Mt Shasta Blvd, Mount Shasta, OR 96067
$350,000
Property Type:
Business Opportunity
Status:
Active
Current Price:
$350,000
List Date:
3/08/2024
Last Modified:
3/11/2024
Description
An iconic landmark in Siskiyou County, Mike & Tony's has been serving Italian American food and drinks since 1945. The oldest restaurant in Mount Shasta captures the old time San Francisco North Beach feel in the beautiful heart of the mountains. Featured in Sunset magazine, Mike & Tony's has been a tourist and locals destination for generations. Located on a prime downtown corner it includes a Free Standing Building with private parking lot seating for 119 guests that includes bar, deck and both style seating along with traditional chairs. With lots of updated features including new windows, interior and exterior paint, all new HVAC, and more Mike & Tony's is the perfect fit for any restaurateur to take over with little to no fuss.
More Information MLS# 24-938
Address Information
Street Number: 501
Street Name: S Mt Shasta Blvd
Cross Street: High St
State/Province: OR
Postal Code: 96067
County: Siskiyou
Property Description
Current Price: $350,000
Type: Service
Area: 90 - Mt. Shasta
List Price: 350000
Parcel Number: 057-283-050
Doing Business As: Restaurant
Aprx Square Feet: 3000 - 4000
GP Zone: SC C - Commercial
Zoning: AND - C-1 - General Commercial
Remarks
Directions: On S Mt Shasta Blvd- look for Mike & Tony's sign west side
Contract Information
Listing Contract Date: 2024-02-29
Status: Active
List Date: 2024-03-08
SO Comm: 4.5
Commission SO: 4.5
Commission SO Type: N
Addl Business Info
Age of Business: More than 10 Years
Foot Traffic: Heavy
Yr/Present Owner: More than 10 Years
Food Service Seating: 50 - 99
Exclusive Parking: Yes
Property Features
Business Type: Food; Liquor; Restaurant
Business Hours: 5 Days; Evening
Alcohol License: Liquor Onsale
Location Description: Business District; Downtown
Sale Inclusions: Doing Business As; Equipment; Goodwill; Inventory; Owner Will Train; Trade Fixtures
Lease Type: Straight
Lease Time: Negotiable
Miscellaneous: Meets City Reqs
Ownership: Owner RE Licensee
Available Terms: Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Listing Office: Relevant Real Estate
Co Office Name: Relevant Real Estate
Co Listing Agent: Josiah McElroy
Last Updated: March - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.