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1429 Cherry Avenue

Long Beach, CA 90813
  • $450,000
  • STATUS: Active
  • ON SITE: 239 Days
  • ID#: PW23155888
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Jigar Shah of Century 21 Discovery (714-626-2000)


Description

This is one of the very profitable business in operation for over 40 years and about 5 years with current owners. Property is about 3,800 square feet on about 8,000 sq.ft of lot offering lot of parking for customers. Landlord will provide 5 years of new lease plus some options depending up on circumstances. The business revenues comes as : 50% from Meat section and remaining 50% Beer/Wine and Groceries. Business operates from 9 am to 8 PM Mon-Sun. It also has additional income of about $ 190,000 plus per year.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/142629074
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1429 Cherry Avenue Long Beach, CA 90813

  • Price: $450,000
  • Status: Active
  • On Site: 239 Days
  • ID#: PW23155888
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
8 - Signal Hill
County:
Los Angeles
Area:
8 - Signal Hill
Property Description
This is one of the very profitable business in operation for over 40 years and about 5 years with current owners. Property is about 3,800 square feet on about 8,000 sq.ft of lot offering lot of parking for customers. Landlord will provide 5 years of new lease plus some options depending up on circumstances. The business revenues comes as : 50% from Meat section and remaining 50% Beer/Wine and Groceries. Business operates from 9 am to 8 PM Mon-Sun. It also has additional income of about $ 190,000 plus per year.
Property Features

Additional Parcels YN No Business Type Liquor Store Listing Agreement Exclusive Right To Sell Operating Expense 168000 Total Actual Rent 4800



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
8898 La Mesa Blvd.
La Mesa CA, 92042
Listing Agent(s): Jigar Shah of Century 21 Discovery (714-626-2000)