For Sale
$1,900,000

527 Sunrise AveMadera, CA 93638

Profitable Grocery & Liquor Store

Overview

Added:
Dec 11, 2024
Days on market:
114
This Madera, CA retail property, located at 527 Sunrise Ave, 93638, presents a unique investment opportunity. The 1,397 sq ft building sits on a 0.44-acre lot (19,166 sq ft) and includes a thriving grocery store and liquor store business. The business boasts strong monthly gross sales of $100,000 with a 30% margin, supplemented by substantial check-cashing revenue ($500,000-$800,000 annually at a 1% fee). Additional income streams are generated from a house rental ($1,500/month) and taco truck rental ($750/month). The property operates with three employees and holds a valuable 21 - Off-Sale General License, permitting the sale of alcoholic beverages for off-premises consumption. The asking price is $1,900,000 ($1,360.06/sq ft). This turnkey operation offers diverse income streams and significant potential for growth within a spacious lot. The property features one building, one unit, and is a single-story structure. The APN is 011-092-002. This is an exceptional opportunity to acquire a well-established business with substantial revenue and a strong foundation for future expansion.

Highlights

  • 1,397 sq ft retail building on a 0.44-acre lot in Madera, CA (APN 011-092-002).
  • Thriving grocery and liquor store with $100,000 monthly gross sales and 30% margin.
  • Significant additional income from check cashing ($500,000-$800,000 annually), house rental ($1,500/month), and taco truck rental ($750/month).
  • Includes a valuable 21-Off-Sale General License.
  • Asking price: $1,900,000 ($1,360.06/sq ft).

Property Details for 527 Sunrise Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,397 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
19,166 SF
Units
1

Location Insight

City
Madera
County
Madera
State
California
Latitude
36.960013324996
Longitude
-120.0490345415
527 Sunrise Ave, Madera, California

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527 Sunrise Ave
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