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Key Details
Sold Price $15,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81752710
Sold Date 04/23/20
HOA Y/N No
Lot Size 0.468 Acres
Property Description
This 6300 SF convenience store business has been in the family 2 generations since 1960's. It has been a full service market in the past, but now is a convenience store with wine/beer license. The business has been reduced to $70,000 plus $40,000 inventory or can be less. There is a small office overlooking cashier area & front door. The 20,410 SF Mixed Use zoned (MU) property, with 25+ parking spaces, can also be used as offices, retail, warehouse, or multi-family residential. For this parcel, up to 7 units could be considered.The property is for sale at a further reduced price of $850,000, & must be sold together with the business purchase for $920,000. (See MLS #81752695 Commercial Real Estate.) Owner is semi-retired, so an experienced new & more energetic food mart owner could maximize its value more fully. Two new housing developments are bringing new blood to this 150 yr. old historic town, where tourists come for street festivals & antiques. .
Location
State CA
County San Benito
Area 699 - Not Defined
Zoning CR
Interior
Fireplace No
Exterior
Total Parking Spaces 25
Others
Financing Cash
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Bought with Flora Chong, CRS • Business Team
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130