Address not disclosed, Palo Alto, CA 94303
- $2,990,000
Listed by Rhinda Bal, 408-605-8070 from Bayview Residential Brokerage
(If provided) CoList: from
- List Price
- $2,990,000
- MLS#
- ML82043142
- Status
- ACTIVE
- Property Type
- Commercial
- Class
- Business for Sale
- City
- Palo Alto
- Lot Size
- 118,919
- Zip
- 94303
- Listing Area
- Midtown
Property 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.
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Additional Information
- Cooling System
- Central AC
- Garage Parking
- Common Parking Area
- Heating System
- Central Forced Air
- Lot Size
- 118,919
- Neighborhood
- Midtown
- Other Utilities
- Public Utilities
- Roof
- Other
- Sewer
- Sewer - Public
- Water
- Public
- Zoning
- commercial
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