Description
Rare business opportunity in the heart of San Fernando! Mercado Las Palmas is a well-located grocery store and restaurant space at 513 N Maclay Ave, offering approximately 2,000 sq. ft. of retail space. The property includes a large gated lot in the back, which can be converted into additional parking or rented out for extra income.The mercados lease is secured for 14 more years at $3,500/month, providing stability for a new owner. The restaurant space currently has a short-term lease that is up for renewal, with the owner having the option to extend or terminate if they wish to take over operations and increase cash flow.This location previously held a beer and wine license, and there is potential to obtain a new one. Assistance with permits is available.Don't miss this chance to own a thriving market in a prime location!
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0.16ACRES
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01/2 BATHS
School Ratings & Info
Description
Rare business opportunity in the heart of San Fernando! Mercado Las Palmas is a well-located grocery store and restaurant space at 513 N Maclay Ave, offering approximately 2,000 sq. ft. of retail space. The property includes a large gated lot in the back, which can be converted into additional parking or rented out for extra income.The mercados lease is secured for 14 more years at $3,500/month, providing stability for a new owner. The restaurant space currently has a short-term lease that is up for renewal, with the owner having the option to extend or terminate if they wish to take over operations and increase cash flow.This location previously held a beer and wine license, and there is potential to obtain a new one. Assistance with permits is available.Don't miss this chance to own a thriving market in a prime location!
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby. Licensed in the State of California, USA.