HISTORIC MAIN STREET RESTAURANT + REAL ESTATE + APARTMENT
10% CAP Rate! Business + Real Estate + Apartment
Marketing description
BERT'S CAFE | HISTORIC MAIN STREET RESTAURANT + REAL ESTATE + APARTMENT
$749,000 | Brigham City, UT | 10.2% CAP RATE
PROPERTY OVERVIEW
Historic mixed-use building on Brigham City's Main Street featuring a fully-equipped, turnkey restaurant on the main level and a private apartment above. Bert's Cafe has served the community since 1929 and is one of the oldest continuously operating restaurants in Box Elder County. The sale includes real estate, business, all furniture, fixtures, and equipment. Choosing to continue operating the business is up to buyer’s discretion.
Building Size: ~3,000 SF restaurant + apartment Lot: Main Street frontage Zoning: Commercial Parking: Street + nearby public parking
FINANCIAL SUMMARY
Stabilized Income: Restaurant/Retail/Income (3,000 SF @ $24/SF NNN): $72,000/yr Apartment: $14,400/yr Gross Potential Income: $86,400/yr Less: Taxes, Insurance, Reserves: -$10,000/yr Net Operating Income: $76,400/yr
Cap Rate: 10.2%
Ideal for an owner-operator seeking a lifestyle business with real estate equity, or an investor looking to reposition with a new tenant at market rents.
LOCATION
• Downtown Main Street — high visibility, foot traffic • 1 hour north of Salt Lake City • 25 minutes north of Ogden • Easy I-15 access • Near Bear River Migratory Bird Refuge and gateway to regional tourism
Investment highlights
• Turnkey restaurant with real estate — own the building, not just the lease • 3,000 SF restaurant space + full apartment upstairs • Iconic Main Street location in downtown Brigham City • Established 1929 — nearly 100 years of continuous operation • All FF&E included • Stabilized NOI: $76,400 • 10.2% cap rate at asking price • Strong owner-operator cash flow potential: $66K annual net profit on $435K revenue
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