9590 S Union Ave - Supermarket FOR SALE


Bakersfield, CA 93307
$2,425,000 USD
626-203-3411
9590 S Union Ave, Bakersfield, CA for Sale
$2,425,000 USD
Supermarket - FOR SALE
1/26
null | 13.4% Cap Rate

9590 S Union Ave
Bakersfield, CA 93307


OVERVIEW

Keller Williams Commercial proudly presents a rare and lucrative opportunity to acquire both a thriving business and its substantial real estate in one comprehensive package. Situated on a large, versatile lot, this free-standing grocery and liquor market spans nearly 10,000 square feet, embodying a well-established and community-loved enterprise ready for its next chapter. **Spacious and Fully Equipped:** The market boasts a comprehensive setup including fresh produce areas, grocery aisles, extensive wall beverage/beer walk-in refrigerators, a diverse liquor selection with a full ABC 21 license, and a freezer section dedicated to ice products. The layout is designed for optimal flow and efficiency, catering to all customer needs under one roof. **Meat Department:** A significant draw is the large meat department featuring cooler display counters for seafood, chicken, and more. It operates with a temperature-controlled breakdown/prep room. Currently leased on a month-to-month basis for $3,000/month, it offers flexible options for the new owner. **Commercial Kitchen:** Enhancing its revenue streams, the property includes a full commercial kitchen, presently leased month-to-month at $2,000. This feature provides an immediate income source or could be integrated into future business expansion plans. **Additional Amenities:** A unique addition to the market is a dedicated area for coffee, tea, and fountain drink machines. Furthermore, storage constraints are effortlessly managed with a warehouse designed for backstock and supplies. **Expansive Lot with Potential for Diversification: ** The property's extensive lot opens the door for numerous expansion possibilities, including the addition of a gas station, electric vehicle charging station, restaurant, or other ventures. Prospective buyers are encouraged to conduct due diligence to explore these avenues fully.

FOR SALE DETAILS

PRICE

$2,425,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

13.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-2

APN/PARCEL ID

518-100-11-00-5

ASK ABOUT THIS PROPERTY

Mary SaiedKW Commercial GlendaleMore Info
626-203-3411

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Mary SaiedKW Commercial GlendaleMore Info
626-203-3411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.