Property Detail

Description

Corner commercial property and successful market business offered together for sale at 11021 S. Vermont Avenue. Established for 25 years, the business is being sold as the owner prepares to retire. The property features dual street visibility, prominent signage, and on-site parking. The entire building is currently used as a food market, licensed for hot food use and holding a tobacco license. Buyers may inquire with the California Department of Alcoholic Beverage Control (ABC) regarding potential liquor licensing. Additional monthly rental income totals $3,400: $2,700 from a portion of the parking area leased to a successful recycling business, $400 combined from two clothing donation booths, and $300 from a truck parking space. All three rental arrangements are month-to-month. Current storefront rental rates are approximately $2.50 per square foot per month. The market operation may be leased to an operator or continued as an owner-occupied business, offering flexibility for investors and owner-users. A great opportunity to acquire both the property and an established business, with existing rental income and upside potential.