Bought with Liberty Uy • RL Dynasty Realty & Development LLC
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39978 Cedar Blvd Newark, CA 94560
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Key Details
Sold Price $220,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $137
MLS Listing ID 41025412
Sold Date 09/13/24
HOA Y/N No
Year Built 1980
Lot Size 8,700 Sqft
Property Sub-Type Business
Source BAY EAST
Property Description
Liquor store for sale for $250,000. ABC license, Cigarette and Tobacco retail license, Check Cashier Permit are all included in the sale. The seller makes a good $65,000- $85,000 monthly income which includes $9,000- $14,000 monthly revenue on check cashing, and their commission on lotto last year was $31,000 and ATM commission last year was $10,800. The lease is currently $4,100/month (3% increase yearly) which includes garbage, water, property tax and CAM. Expense: Insurance is $1,000/yearly. PGE $800-$1,100/monthly. License and permit $1,000/yearly Inventory is separate from the sale. The seller is ready to retire after 24 years.
Location
State CA
County Alameda
Interior
Heating Forced Air, Natural Gas, None
Cooling Area AC, Other
Flooring Vinyl
Fireplace No
Building
Lot Description Commercial, Neighborhood Commercial, Restaurant Nearby
Water Hot Water, Public
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