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Palo Alto, CA 94306
  • $900,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: ML81959014
$900,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,510
    SQFT
  • $256
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

Rare Opportunity on El Camino in Palo Alto! A+ location. Barron Park Market: A Local Landmark for 43 Years! Own the only grocery store between Los Altos and downtown Palo Alto! With heavy hotel traffic + loyal local patrons, this thriving business is a cornerstone of the community. Plus, with 1000 new condos within walking distance, a fabulous neighborhood behind the store + all these mini hotels with no food or bars, the potential for growth is unmatched. Offering a wide range of products including fresh food, vegetables, liquor, household essentials, frozen dinners, ice cream, + more. Additional revenue streams include an ATM, lottery ticket sales, + serving as a village post office. It would be perfect to add hot food+ checking cashing. Owner has permit for hot food sales, offering countless opportunities for revenue expansion. Ideal for delivery services. Owner offers free rent for tenant improvements. One can add an upstairs office + there absolutely can be parking for 10 behind the unit. Seeking a long-term tenant with 5-year lease with 6 + options. Open 9 -11everyday. Buyer will have to do a CPA/Business evaluation to verify income + inventory. Seller will work with buyer and CPA/business evaluator. Seller will help buyer to build their dream grocery store. Magnificent!

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-04-03T23:55:46.85. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
www.strockrealestate.com/homes/148923826
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Palo Alto, CA 94306

  • Price: $900,000
  • Status: Active
  • On Site: 21 Days
  • ID#: ML81959014
0
Beds
0
Baths
0
½ Baths
0.1
Acres
3,510
SQFT
$256
$/SQFT
County:
Santa Clara
Property Description
Rare Opportunity on El Camino in Palo Alto! A+ location. Barron Park Market: A Local Landmark for 43 Years! Own the only grocery store between Los Altos and downtown Palo Alto! With heavy hotel traffic + loyal local patrons, this thriving business is a cornerstone of the community. Plus, with 1000 new condos within walking distance, a fabulous neighborhood behind the store + all these mini hotels with no food or bars, the potential for growth is unmatched. Offering a wide range of products including fresh food, vegetables, liquor, household essentials, frozen dinners, ice cream, + more. Additional revenue streams include an ATM, lottery ticket sales, + serving as a village post office. It would be perfect to add hot food+ checking cashing. Owner has permit for hot food sales, offering countless opportunities for revenue expansion. Ideal for delivery services. Owner offers free rent for tenant improvements. One can add an upstairs office + there absolutely can be parking for 10 behind the unit. Seeking a long-term tenant with 5-year lease with 6 + options. Open 9 -11everyday. Buyer will have to do a CPA/Business evaluation to verify income + inventory. Seller will work with buyer and CPA/business evaluator. Seller will help buyer to build their dream grocery store. Magnificent!
Exterior Features

Garage Parking Common Parking AreaOn StreetRoom for Oversized Vehicle Parking Spaces 7 Roof Other

Interior Features

Cooling Other Heating Electric

Property Features

Accessibility Features Parking Additional Listing Info Not Applicable Business Name Barron Park Market Business Type GroceryLiquor Store City Limits Yes City Name PALO ALTO Community Name Barron Park Market Facilities Cold StorageFront SignManager's OfficeSignageStorage - AdditionalTrade Fixtures Security Features None Sewer Septic Other Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning CGH

Listing provided courtesy of Grail Nitsch of Legacy Real Estate & Associates: 650-772-1519.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-04-03T23:55:46.85. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
 
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Strock Real Estate
251-A Center Ave.
Aptos CA, 95003