62454 Main St - Storefront Retail/Residential FOR SALE


San Ardo, CA 93450
$875,000 USD
805-556-0900
62454 Main St, San Ardo, CA for Sale
$875,000 USD
Storefront Retail/Residential - FOR SALE
1/40
null | Request Cap Rate

62454 Main St
San Ardo, CA 93450


OVERVIEW

This place is as cool as cool gets—think Norman Rockwell—the ultimate early-mid-20th-century rural Central California small town. Two parcels are offered: one 6432 sf commercial parcel with a 2488 sf commercial building and the adjoining 3643 sf residential parcel with a 744 sf 2bd/1ba house and the long-established business Miller's Market, which comes with an on-site/off-site beer and wine license. The current owners have lived in the home and operated this business for 37 years. They 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. There is a solid upside as well: a lunch counter 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.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,432 SF

ZONING

CR

APN/PARCEL ID

237-055-012-000

ASK ABOUT THIS PROPERTY

Mark BurnesBurnes Commercial GroupMore Info
805-556-0900

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Mark BurnesBurnes Commercial GroupMore Info
805-556-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.