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Asking Price: $2,900,000

Over $325k Invested into the BRAND NEW Kitchen

San Rafael, CA
Marin County

Over $325k Invested into the BRAND NEW Commercial Kitchen in this Amazing Flex Property w/Huge Earning History! Zoned for Food & Cannabis Use, Plus Existing Pizzeria! SBA Financing for Qualified Owner Operator RRC# 4952 Location: Emeryville Description:This outstanding Mixed-Use Property, located in the safe city of Emeryville, is perfect as an Investment or Owner Occupied as the current owner has done for decades.  The owner just completed a $325,000 investment to remodel the commercial kitchen with all new FF&E, which is now ready for new tenants. SBA financing is available for a qualified Owner Operator at roughly 10% of purchase price with a rate of term of roughly 6.75% for 25years.   He has operated the ~1000sf Pizzeria since 2008, as well as operating a lucrative Commissary Kitchen that made up the remainder of the warehouse style areas of the building. The pizzeria's peak sales year was ~$1.3million in revenue.   He currently charges his pizzeria $4500/month for rent.  Above the pizzeria is an office space that is ~1000sf and currently rented to a Cannabis tenant for $6500/month. The owner converted much of the rentable space within the building to Cannabis use in 2015 ahead of the passing of Proposition 64 in California.  The change of use and tenancy proved to be very lucrative for the building owner.   In 2024 the owner began a large project to convert, remodel and upgrade the commissary kitchen spaces.  The project was completed in early 2025 and now  ready to rent to new food production tenants, chefs and caterers.  The kitchen spaces could support up to 4-5 tenants or one main high production tenant paying a higher lease rate.  The kitchens could bring in as much as $30,000 a month with the right tenancy mix.  The commissary kitchen's peak rental income was ~$28,000/month, reaching higher levels during the peak of the cannabis tenancies. He spared no expense on the equipment and upgrades to the space which include 3 Large Walk-in Refrigerators and Freezers, a new Grease Trap (2 in total), polyurethane flooring, FRP walls, floor drains, 2 Industrial Water Heaters, a 17'-Type 1 Hood. a 8' Type-1 Hood, New Electrical with 3-Phase Power and 400 Amps, Dedicated Bathrooms, a great mix of High-End Ranges. Stoves, Fryers and so much more!   This very secure building has large loading garage door for deliveries, a video security systems, metal gates and fencing. The Sale includes the purchase of existing restaurant FF&E.  The pizzeria has a 8' Type-2 Hood & 4' Type-1 Hood, one bathroom, storage and walk-in, and a fantastic gated patio which can be used for dining guests or events.  The pizzeria previously had a Full Liquor License that was transferred to another location and business, and currently has a Beer & Wine License. A new owner can apply for an ABC license of their choice. Permitted Cannabis use uses include the possession, manufacturing, without volatile solvents, distribution, processing, storing, labeling, and non-storefront dispensary.This versatile, heavily upgraded building is a fantastic investment so reach out right away before this opportunity is goneAndy@restaurantrealty.comFinancial Information:Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for InfoAnnual Revenue: Contact for InfoAnnual Cash Flow: Contact for InfoGeneral Info:Ownership: Sole Proprietorship  Established: 2008Employees: Contact for Info Reason For Sale: Other InterestsMonthly Rent: Real Estate Included - See Description  Facilities:Square Feet: Building is 5,505sf, Lot 6,534 w/gated patio Seating: 100 on Patio, No Interior Seating in Pizzeria Parking: Easy Street Parking  Licenses: Contact for Info Days/Hours of Operation: Up to new owner - flexible 

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