DescriptionThis is a rare opportunity to purchase a liquor store together with the real property, a four-bedroom residence, and a separate studio-all at an attractive price.
According to the seller, the approximately 2,900-square-foot store generates more than $50,000 in monthly gross sales. In addition, the meat department is currently rented for $1,330 per month, providing extra rental income.
The property also includes a four-bedroom residence in the rear and a separate studio that is currently being used for storage. The studio may offer additional rental-income potential. The four-bedroom residence needs some TLC, but the right owner could improve the property and potentially build additional equity.
The motivated seller is willing to finance $450,000 of the purchase price.
The buyer will need approximately $250,000 in cash, plus the cost of inventory.
The business is open daily from 8:00 a.m. to 10:00 p.m. and is located in a busy residential area with a strong neighborhood customer base.
For more information contact
Matt Sadati, DRE#00704888, or Tamana at 510-415-6023