$220,000
$250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
39978 Cedar Blvd Newark, CA 94560
8,698 Sqft Lot
Key Details
Sold Price $220,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41025412
Sold Date 09/13/24
HOA Y/N No
Year Built 1980
Lot Size 8,698 Sqft
Acres 0.1997
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
Zoning comm
Interior
Fireplace No
Exterior
Total Parking Spaces 200
Others
Financing Cash
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Bought with Liberty Uy • RL Dynasty Realty & Development LLC