This place is as cool as cool getsthink Norman Rockwellthe 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 priorso 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.
MLS# | PI25060830 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Days On Site | 39 |
Listing Provided By | Burnes Commercial Group 805-556-0900 | Mark Burnes |
SQ Feet | 3,232 |
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Story(s) | 1 |
Units | 3 |
Building(s) | 2 |
Acreage | 0.23 |
State | CA |
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County | Monterey |
City | San Ardo |
Zip Code | 93450 |
Listing VS Median (in 93450) | |
Price: $875,000 low | high Med: $479,000 SqFt: 3,232 low | high Med: 1,299 $ / SqFt: $271 low | high Med: $369 On site: 39 low | high Med: 96.000000 |