Commercial Real Estate in Chico, Call 530-896-3126

4945 Hwy 99 E Vina, CA 96092

$699,000 Pending

About the Property

The iconic Lassen Steakhouse restaurant building situated on 2.3 acres is for sale. The sale includes the real estate, all existing restaurant and venue equipment, including an ABC Type 47 Liquor License. The restaurant, kitchen and bar were extensively remodeled last year with over $170,000 in improvements. Located directly on Highway 99, The Lassen Steakhouse has been at this location since 1928 and has been a local favorite for patrons traveling along Highway 99 and surrounding towns in Northern California. The interior ambience is amazing! With the rough-sawn open beam rafters, esthetically pleasing stone walls, banquet room, beautifully appointed full bar, fireplace and belt driven ceiling fans provides a great dining ambience. The restaurant portion can accommodate up to 140 patrons. Owner can transfer business name and continue The Lassen Steak House legacy or start your own restaurant and venues in this turn-key establishment. Located 1 mile from the New Clairvaux winery and monastery which provides a huge draw for wine lovers and history buffs alike. In order to access the winery you must pass by the subject property which is located on the corner of Vina road and Highway 99. Attracting guests of New Clairvaux is a wonderful opportunity, as monastery rules will not allow an onsite restaurant or hold events past 5:00 pm, making the Lassen Steakhouse and venue the best choice lunch or dinner stop, as it is the only restaurant in the area. Outdoors you will find 2.3 acres of beautiful landscaped grounds that have been used for wedding venues, parties, proms, etc. The pavilion, outdoor bar, meandering creek and enough tables and chairs for up to 200 guests, make this the ideal location for a turn-key venue. The AG-2 zoning allows for the construction of an additional dwelling. A new well was installed in 2020. The existing note of $385,000 is assumable. The property is conveniently located between Chico, Red Bluff and Corning. Everything is in place for you to start a successful business today!

Property Information

Size 4,276 SqFt
Price/SqFt $163
Year Built 1928
Property Type Retail
Listing Number SN21176300
Listed 8/12/2021
Modified 9/26/2021
Listing Agent Ken Winslow
Listing Office Re/Max of Chico

Property Features

Business Type
  • Restaurant
Stories Total
  • 2
Water Source
  • Well
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