Vallejo, California, is an attractive destination for investors seeking to purchase a restaurant, with 3 listings available. Restaurants in Vallejo offer a unique opportunity to tap into the city's rich history, cultural attractions, and diverse population. As a hub for education, with institutions like the California Maritime Academy and Touro University California, Vallejo attracts a steady stream of students, faculty, and staff who frequent local eateries. The city's location on the shores of San Pablo Bay, with its picturesque views and mild climate, makes it an ideal spot for restaurants with outdoor seating or waterfront dining. Additionally, Vallejo's proximity to major transportation facilities, including the Vallejo Transit Center, San Francisco Bay Ferry, and Interstate 80, ensures a steady flow of visitors and locals alike. With amenities like the Sutter Solano Medical Center, Kaiser Permanente Vallejo Medical Center, and several parks, Vallejo provides a desirable quality of life that supports a thriving food scene.
Vallejo's restaurants are an integral part of the city's fabric, offering a diverse range of cuisines to suit every taste. With the city's strong educational institutions, healthcare facilities, and tourist attractions like Six Flags Discovery Kingdom, there is a constant demand for quality dining options. In addition to restaurants, Vallejo also offers a range of other investment opportunities, including Apartment Buildings, which provide a steady stream of rental income; Shopping Centers, which cater to the city's growing population; Specialty Properties, which offer unique investment opportunities; and Hotels, which capitalize on the city's tourist traffic. Each of these property types presents a unique investment opportunity, with its own set of benefits and challenges. Overall, Vallejo's diverse economy, rich history, and desirable location make it an attractive destination for investors seeking to purchase a restaurant or explore other investment opportunities.
What is the average cost per square foot for a restaurant in Vallejo?
The average cost per square foot for a restaurant in Vallejo is $347 USD per square feet, with an average size of 98,986 square feet and a largest size of 240,698 square feet, making it an attractive option for entrepreneurs looking to invest in the city's diverse dining scene, which is supported by a population of around 130,000 residents and a strong tourist industry driven by attractions like Six Flags Discovery Kingdom and the California Maritime Academy.
What factors determine the value of a restaurant for sale in Vallejo?
When evaluating the value of a restaurant for sale in Vallejo, several key factors come into play, including:
- Location, with proximity to popular attractions like Six Flags Discovery Kingdom and the San Francisco Bay Ferry, as well as accessibility via Interstate 80 and Route 37, being highly desirable;
- The restaurant's size, with an average size of 98,986 square feet and a maximum size of 240,698 square feet, impacting its capacity and potential revenue;
- The restaurant's financial performance, including its average price per square foot of $347 USD and average cap rate of 6.37%, which can indicate its profitability and growth potential.
