Property DescriptionEstablished and fully equipped Italian Restaurant (Pete and Maria's Italian Bistro) in Madera Ranchos. Turn key operation with type 47 liquor license, serving lunch and dinner throughout the year. Centrally conveniently located on Avenue 12, loyal customer base, wide menu selection, great lease, 4 years left on existing lease with option and it can all be yours. Business only for sale, real estate is not part of sale. This restaurant is at a great jumping point for the next owner. Bring your energy, as the business volume keeps growing daily. The dining room seats 50 people. Transition team is also available to help with that smooth changeover. Dine-in, carry out and delivery. Restaurant currently Open Tues-Sun. 11a.m. to 9 p.m. Closed Mondays. Please contact listing Agent to schedule a private showing. Owner's health is preventing us from holding on. Our loss is your gain.
- Property Type: Retail
- Year Built:0
- Square Footage:1450.00
- Lot Size: 41362.00 SqFt (0.95 acres)
- Baths:0.00 ()
- Listing Broker:Maria Fotopoulos
- Listing Office:One Stop Shop Realty, Inc
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.