For Sale
$350,000

430 1St StKing City, CA 93930

Profitable Mini Mart, Highway 101 Access

Overview

Added:
Dec 11, 2024
Days on market:
116
This thriving King City convenience store, Ozzy's Mini Mart, presents a compelling investment opportunity. Priced at $350,000, this 1,684 square foot retail space boasts a prime location just blocks from the Salinas Valley Fairgrounds and Topo Ranch Event Center, with easy access to Highway 101. Currently operating at 50% occupancy, the property offers significant upside potential. The asking price reflects a price per square foot of $207.84. The store is currently licensed for beer and wine sales, and the seller indicates the possibility of obtaining a hard liquor license. The NNN lease structure minimizes landlord responsibilities. The single-tenant occupancy simplifies management. Features include ample parking, generous storage space, two bathrooms, and a wash basin. This property is an excellent income producer, recently reduced by $50,000, making it an attractive proposition for savvy investors. The seller is open to reasonable offers. Located at 430 S 1st St, King City, CA 93930.

Highlights

  • $350,000 King City convenience store, 1,684 SF, on a NNN lease.
  • Prime location near Salinas Valley Fairgrounds & Highway 101.
  • Currently 50% occupancy, offering significant upside potential.
  • $207.84/SF; recently reduced by $50,000.
  • Licensed for beer & wine sales; potential for hard liquor license.
  • Features ample parking, storage, two bathrooms, and a wash basin.

Property Details for 430 1St St

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,684 SF

Location Insight

City
King City
County
Monterey
State
California
Latitude
36.2105716
Longitude
-121.1206255
430 1St St, King City, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
430 1St St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message