Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
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$220,000

$250,000

12.0%
Est.Price: ?

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Est. payment /mo

8,698 Sqft Lot


SOLD DATE : 09/13/2024

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

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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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by Liberty Uy • RL Dynasty Realty & Development LLC
Bought with Liberty Uy • RL Dynasty Realty & Development LLC

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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