Address not disclosed, Palo Alto, CA 94303
Address not disclosed, Palo Alto, CA 94303
Address not disclosed, Palo Alto, CA 94303
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Rhinda Bal • Bayview Residential Brokerage, DRE#01429406
$2,990,000
Est. payment /mo
21,646 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business for Sale

Listing Status Active

Purchase Type For Sale

Square Footage 21,646 sqft

Price per Sqft $138

MLS Listing ID ML82043142

Lot Size 2.730 Acres

Property Sub-Type Business for Sale

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.

Location

State CA

County Santa Clara

Area Midtown

Zoning commercial

Interior

Heating Central Forced Air

Cooling Central AC

Exterior

Parking Features Common Parking Area

Utilities Available Public Utilities

Roof Type Other

Building

Sewer Sewer - Public

Water Public

Others

Security Features Closed Circuit Monitoring (24-hour)

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.