Address not disclosed, Palo Alto, CA 94303

$2,990,000

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Listed by Rhinda Bal, 408-605-8070 from Bayview Residential Brokerage
(If provided) CoList: from

List Price
$2,990,000
MLS#
ML82043142
Status
ACTIVE
Lot Size
118,919
Listing Area
Midtown

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.

Additional Information

Cooling System
Central AC
Garage Parking
Common Parking Area
Heating System
Central Forced Air
Lot Size
118,919
Neighborhood
Midtown
Other Utilities
Public Utilities
Roof
Other
Sewer
Sewer - Public
Zoning
commercial

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Calculator source: Real Geeks

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