Real Estate
Modesto Businesses for Sale
Merced businesses for sale
Rental Property for sale with Grocery store in Modesto CA
Business Description:
* This is the real estate with store for sale at $450,000
* Its a two story building with store at the downstairs.
* This property is consists of 1 retail store rental income of $1500 per month; 2 Apartments rental income of $1200 per month.; Or if new buyer wants to rent the grocery store then there is possiblity of around $500 per month rental income.
* Rental Income of about $2700 per month from current tenants plus the store income.
* The business is located near highway 99 and in dense neigbourhood.
* Store sells general grocery items and produce.
* Property Tax is about $3600 estimated per year.
* So after all expenses, the net income from property alone is about $2000 per month estimated, plus any grocery store income if you want to run the store yourself.
* Seller is motivated to sell the property and can consider all reasonable offers.
* Inventory is not included in the price. Buyer have to make the bank loan.
* Buyer shall verify all information from city and/or county about the legal usage and zoning for their due diligence.
Listed by Western Singh Brokers
Business & Real Estate Associate Nirvail Singh DRE License #01853125
Lease
Modesto Businesses for Sale
Merced businesses for sale
Financials
Facilities
Highlights
- 4 units possible for rent. 3 units are already producing $2700 per month.
- Located in dense populated area of the town.
- Property is also for sale.
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 74,701 | 126,987 | 186,818 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 21,189 | 40,477 | 61,915 |
| 2010 Persons Per Household | 3.34 | 2.99 | 2.91 |
| Median House Value | $114,288 | $131,067 | $152,569 |
| Income Per Household | $33,526 | $36,228 | $42,498 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,529 | 2,725 | 3,471 |
| 2012 Number Of Employees | 43,624 | 82,722 | 99,914 |
| 2012 Total Annual Payroll | $901,640,000 | $1,628,279,000 | $1,983,819,000 |
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Disclaimer
ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.
Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area.
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