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$ 140,000
Est. payment | /mo
6,860 Sqft Lot
$ 140,000
Est. payment | /mo
6,860 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25028504
HOA Y/N No
Year Built 1939
Lot Size 6,860 Sqft
Property Description
Rare business opportunity in the heart of San Fernando! Mercado Las Palmas is a well-located grocery store and restaurant space at 513 N Maclay Ave, offering approximately 2,000 sq. ft. of retail space. The property includes a large gated lot in the back, which can be converted into additional parking or rented out for extra income.
The mercado's lease is secured for 14 more years at $3,500/month, providing stability for a new owner. The restaurant space currently has a short-term lease that is up for renewal, with the owner having the option to extend or terminate if they wish to take over operations and increase cash flow.
This location previously held a beer and wine license, and there is potential to obtain a new one. Assistance with permits is available.
Don't miss this chance to own a thriving market in a prime location!
The mercado's lease is secured for 14 more years at $3,500/month, providing stability for a new owner. The restaurant space currently has a short-term lease that is up for renewal, with the owner having the option to extend or terminate if they wish to take over operations and increase cash flow.
This location previously held a beer and wine license, and there is potential to obtain a new one. Assistance with permits is available.
Don't miss this chance to own a thriving market in a prime location!
Location
State CA
County Los Angeles
Area Sf - San Fernando
Interior
Fireplace No
Others
Tax ID 2518009018
Listed by Caroline Harabedian • Re-Search Concept • 818-967-9626
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "