What an amazing business opportunity in the heart of Wine Country. This well established 3500 sq ft grocery store specializes in ethnic foods serving the local multicultural community. A partial renovation of the store was done last year including Phase 3 wiring, counter tops and freezer. New slurpee machine and soft serve ice cream were also added. A portion of the store is sub-leased earning $700/ month and the front of the property is leased to a Food truck vendor earning $500/month. A 5 bed/3 bath residence built in 2004 also generates $1500 income from the main house and an additional $750 for the 2bedroom non-conforming suite. This property brings in close to $160,000 net a year and there is a lot more potential to grow. Listed at 12% cap rate, which is hard to find in today's market. All measurements are approx., buyer to verify. Duplicate listing Commercial ~ 176018 (id:3745)
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Refrigerator, Dishwasher, Washer, Dryer, Water softener, Stove