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$ 2,990,000
Est. payment /mo
Active
Address not disclosed Palo Alto, CA 94303
21,646 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business for Sale
Listing Status Active
Purchase Type For Sale
Square Footage 21,646 sqft
Price per Sqft $138
Lot Size 2.730 Acres
MLS Listing ID ML82043142
Property Description
This strategically located grocery store presents an outstanding investment opportunity in the highly desirable Santa Clara County market, serving the affluent and dynamic Palo Alto community. Positioned within a vibrant commercial corridor, the business benefits from consistent foot traffic and a loyal customer base, including professionals from the surrounding technology sector. This is a full-service grocery operation offering a wide selection of fresh produce, a fully equipped deli with prepared foods, an in-house bakery, and a comprehensive assortment of beer, wine, and spirits. The store has built a strong reputation for quality products, diverse inventory, and dependable customer service, contributing to its established presence in the local market. The business generates approximately $9,500,000 in annual gross revenue, reflecting solid performance and strong market positioning. This is a full-service grocery operation offering a wide selection of fresh produce, a fully equipped deli with prepared foods, an in-house bakery, and a comprehensive assortment of beer, wine, spirits and wine tasting license. Store has built a strong reputation for quality products, diverse inventory, and dependable customer service, contributing to its established presence in the local market.
Location
State CA
County Santa Clara
Area Midtown
Zoning commercial
Interior
Heating Central Forced Air
Cooling Central AC
1-purchase type For Sale
Exterior
Garage Common Parking Area
Utilities Available Public Utilities
Roof Type Other
Building
Sewer Sewer - Public
Water Public
Others
Security Features Closed Circuit Monitoring (24-hour)
Special Sale Not Applicable
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Listed by Rhinda Bal of Bayview Residential Brokerage
Bought with Rhinda Bal of Bayview Residential Brokerage
Bought with Rhinda Bal of Bayview Residential Brokerage
