$463,000
SOLD OCT 2, 2025
-- Bed
-- Bath
2,420 Sq Ft
10,890 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

6% Below List Price

149 Days on Market

Highlights

  • Double Pane Windows
  • Storage
  • Carpet
  • Home Security System

About This Home

As of October 2025

This stand-alone, fully equipped restaurant on Highway 101 North is ready for a new operator! The location features high traffic visibility and both on- and off-street parking. Near Redwood National Park, the Wild and Scenic Smith River, and ocean beaches, Crescent City is a popular stop for tourists along the Pacific Coast Highway. This 2500 sq ft building would be the perfect opportunity for a sandwich shop, deli, or quick-service restaurant looking to capitalize on both local and tourist traffic. The owner is currently cleaning, painting and making minor renovations so the building can be turn-key ready before the summer tourist season. The building includes an 8x10 walk-in cooler, full set of kitchen equipment (list available), 54 dining room chairs, and numerous tables and table bases. The functional layout for a dine-in restaurant, cafe, or takeout operation could be configured with help from the owner to suit the preferred business model. The C-2 zoning and location within the Federal Opportunity Zone allows for a wide variety of commercial uses. The overall city parcel is 11,088 square feet and features twenty dedicated parking spaces on site with adjacent street parking. Built, held, and maintained by one family since 1989, there are many recent updates including a new roof installed in 2023, significant updates to exterior walls and windows, and improvements to the building mechanical system. Owner is a licensed California Realtor and licensed contractor.

Last Agent to Sell the Property

Chris Mastaloudis

FINIGAN REAL ESTATE License #02088616 Listed on: 03/26/2025

Last Buyer's Agent

Chris Mastaloudis

FINIGAN REAL ESTATE License #02088616 Listed on: 03/26/2025

Property Details

Property Type

  • Other

Year Built

  • Built in 1989

Lot Details

  • 10,890 Sq Ft Lot
  • Property is in good condition
  • Property is zoned C-2

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,420 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Storage
  • Carpet

Home Security

  • Home Security System
  • Security Lights

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Gas Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 118-160-027

Property Details

Property Type

Other

Year Built

Built in 1989

Lot Details

0.25 Acres

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Type: BUILDING AND LAND
  • Property Description: Located In City Limits
  • Roof: Comp Shingle
  • Year Built: 1989
  • Agent Only_ L A1 User Code: CM
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Carpet (S), Extra Storage, Security System, Windows - Double, Windows - Vinyl
  • Interior Condition: Above Average, Average
  • Estimated Sq Ft: 2420
  • Furn Fix And Equip: Included

Exterior Features

  • Exterior Condition: Above Average, Average
  • Exterion Features: Gutters, Lighting/ Security
  • Foundation: Concrete Slab
  • Paved Streets: Yes
  • Building Exterior: T-111, Other
  • Sprinkler System: No

Garage/Parking

  • Parking: 11 - 20

Utilities

  • Utilities: Cable, Electric, Gas
  • Water/Sewer: Public Wtr Swr
  • Heating System: Heat Pump, Propane
  • Water/Sewer: Public Water, Sewer Connected

Lot Info

  • Assessor Parcel Number: 118-160-027
  • Estimated Lot Dimensions: 60 x 180 + (4 x 72)
  • Number Of Acres: 0.25
  • Zoning: C-2
  • Current Use: Food Beverage Service

Rental Info

  • Annual Lease per Sq Ft: 15

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Sep 25, 2025
Sold by
Yu Wanjun
Bought by
Chen Wenhuan
Seller's Agent
Chris Mastaloudis
FINIGAN REAL ESTATE
Buyer's Agent
Chris Mastaloudis
FINIGAN REAL ESTATE
List Price
$495,000
Sold Price
$463,000
Premium/Discount to List
-$32,000
-6.46%
Views
29
Current Estimated Value
$469,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,209
Avg. Annual Appreciation
2.81%
Original Mortgage
$420,000
Outstanding Balance
$419,250
Interest Rate
6.58%
Mortgage Type
Seller Take Back
Estimated Equity
$49,959

Purchase Details

Closed on
Jun 9, 2021
Sold by
Mastaloudis Christopher J and Owen Rachel M
Bought by
Mastaloudis Christopher J and Owen Rachel M

Purchase Details

Closed on
Jun 30, 2016
Sold by
Mastaloudis Christopher J
Bought by
Mastaloudis Chnstopher J and Owen Rachel M

Purchase Details

Closed on
Apr 30, 2016
Sold by
Mastaloudis Christopher J and Mastaloudis Michael J
Bought by
Mastaloudis Christopher J
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Chicago Title
Grant Deed $463,000 Fidelity National Title
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Crescent Land Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Sold $463,000 -6.5% $191 / Sq Ft
03/26/2025 03/26/25 For Sale $495,000 -- $205 / Sq Ft
Source: Del Norte Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,967 $371,435 $113,443 $257,992
2024 $3,823 $365,623 $111,219 $254,404
2023 $3,700 $354,561 $109,039 $245,522
2022 $3,626 $348,001 $106,901 $241,100
2021 $3,021 $286,056 $49,804 $236,252
2020 $3,018 $284,808 $49,294 $235,514
2019 $2,930 $275,586 $48,328 $227,258
2018 $2,877 $270,915 $47,381 $223,534
2017 $2,836 $266,235 $46,452 $219,783
2016 $2,679 $251,014 $45,542 $205,472
2015 $2,617 $247,255 $44,858 $202,397
2014 $2,841 $242,377 $43,980 $198,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Del Norte Association of REALTORS®

MLS Number: 250097

Del Norte Association of REALTORS®

APN: 118-160-027-000

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