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.
Details
| MLS # | ML82043142 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 109 |
| Listing Provided By | Bayview Residential Brokerage | Rhinda Bal |
Features
| SQ Feet | 21,646 |
|---|---|
| Zoning | commercial |
| Acreage | 2.73 |
Area Information
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94303 |
| Area | 699 Not Defined |
| Listing VS Median (in 94303) | |
Price: $2,990,000 low | high Med: $15,000,000 sqft: 21,646 low | high Med: 8,370 $ / sqft: $138 low | high Med: $1,792 On site: 109 low | high Med: 50 | |
Market Activity 94303
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94303 |
| Area | 699 Not Defined |
| Listing VS Median (in 94303) | |
Price: $2,990,000 low | high Med: $15,000,000 sqft: 21,646 low | high Med: 8,370 $ / sqft: $138 low | high Med: $1,792 On site: 109 low | high Med: 50 | |