2021 Los Berros Road, Arroyo Grande, CA 93420

$400,000
List Price
$400,000
Status
ACTIVE
MLS#
PI18137044
Year Built
1934
Lot Size
217,800
Days on Market
16
Property Type
Investment

Property Description

Excellent turnkey business in Arroyo Grande, CA that focuses on meeting the needs of convenience-oriented customers by providing a broad selection of fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean and friendly shopping environment. Los Berros Market and Deli has been in business since 2004 and is strategically placed on the frontage road - Los Berros Rd with no competing markets, it serves as the 'neigborhood market.' Additionally, Los Berros Market and Deli offers delicious food prepared on site such as homemade tacos, breakfast burritos, sandwiches, etc. ; and other delicious barbecue fare straight from the grill. The kitchen has a hood and the inside restaurant has a full deli. The outside covered patio has a barbecue pit and lots of tables and seating for patrons. The most recent owner of the market has already seen exponential growth in just the past 3 years - with sales increasing nearly $10,000 yearly. Built in 1934, this building sits on a roughly 5 acre lot, which provides ample parking for customers in addition to the 7 parking spaces. The land is zoned for Agricultural but used for retail purposes and with so much land to spare, this provides more opportunity to the user. The business owner (tenant) is on a gross lease paying 2,500/monthly and tenant is responsible for electricity, gas, and trash bill. The lease is 10 years and is due to expire in April 2027.

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Listing courtesy of Michael Puhek from RE/MAX Del Oro

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.