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Listed by Mark Burnes • Burnes Commercial Group
$ 275,000
Est. payment /mo
New
- San Ardo, CA 93450
2,499 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,499 sqft
Price per Sqft $110
MLS Listing ID CRPI25228980
HOA Y/N No
Lot Size 6,432 Sqft
Property Sub-Type Business
Source Datashare California Regional
Property Description
This place is as cool as cool gets—think Norman Rockwell—the ultimate early-mid-20th-century rural central california small town. The long-established business, Miller's Market, which comes with an on-site/off-site beer and wine license. This business was established in 1955 and is the main stay market in San Ardo. a lunch counter, an adjacent space, and outside seating are not being utilized. A vacant commercial space next to the market could either be leased out or utilized to expand the business further. Also, the current owners do not use any form of electronic payment - adding such could further increase the $110k cash-only NOI from 2024. The owners are retiring to move back east with their son, whom they raised and put through medical school with this business. (they bought the business and properties from the millers, who ran it for 30 years prior—so this is a business that is nearly 70 years old.) this is the ultimate family business and compound Two parcels are offered: one 6432 sf commercial parcel with a 2499 sf commercial building at $300k, and the adjoining 3643 sf residential parcel with a 744 sf 2bd/1ba house at $275k. There will be a substantial discount for the purchase of the business and both properties together.
Location
State CA
County Monterey
Interior
Fireplace No
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