Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    69 N Grove Avenue Upland, CA 91786

    View on Map
    Claim this Listing
    For Sale
    $229,000

    Business - Upland, CA

    Type:Business
    Property size:
    2,200 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $104/SF
    Added:
    Dec 5, 2025
    Days on Market:
    144
    Last Refresh:
    Apr 28 at 12:06 pm

    Property Features for 69 N Grove Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Zoning
    Neighborhood Shopping Center/Strip Center
    Standard status
    Active
    APN
    1046-501-77-0000
    Size
    2,200 SF
    Lot size
    0.37 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Building materials
    Stucco
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Nader Abu Safaqa

    Listing agent Nader Abu Safaqa

    Listing office Cornerstone Realtors 42442 10th St West. Ste B, Lancaster, CA 93534, Quartz Hill, CA

    Listing date Dec 5, 2025

    MLS# 25009162 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upland Beer & Market Business

    Located in Upland, California, this established beer and market business occupies a 2,200-square-foot retail space within a neighborhood shopping center. The property is situated in a residential area and operates seven days a week from 8:00 AM to 10:00 PM. The business reports monthly gross sales of $55,000, with additional income generated from lottery sales, an ATM, propane sales, and a water-dispensing machine. The retail space includes a walk-in cooler with 9 doors and a reach-in cooler with 7 doors. It is fully equipped for prepared food sales, meeting health department requirements with features such as three sinks, a floor drain, and a designated food preparation area. The property is described as clean, organized, and turnkey, presenting an opportunity to operate a high-volume neighborhood store with multiple revenue streams and potential for expanded food service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mariscos Camacho Restaurant Convenient Stop Beer ... Grocery & Convenience Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Upland
    County
    San Bernardino
    State
    California
    Longitude
    -117.629027
    Latitude
    34.094171

    Nearby Similar for Sale

    • $4,800,000
      16,704 SF

      Upland Medical Office Investment Opportunity

      Two-story medical office building in Upland, CA for sale.
      360 E 7th Street, Upland, CA 91786
      View Details
    • $429,888
      1,148 SF

      Upland Office Space for Sale

      Versatile office space in Upland, CA, with modern amenities.
      18 N Central, Upland, CA 91786
      View Details
    • $849,000
      2,267 SF

      Upland Industrial Condo Opportunity

      2,267 sq ft industrial condo in desirable 11th Street Business Park.
      1846 W 11th, Upland, CA 91786
      View Details
    • $950,000
      2,577 SF

      Mixed-Use Compound Near Claremont Colleges

      Historic mixed-use property with residential and commercial units.
      2599 Huntington Drive, Upland, CA 91786
      View Details
    • $429,888

      Upland Office Space For Sale

      Versatile office space in a vibrant, accessible Upland location.
      18 N Central, Upland, CA 91786
      View Details
    • $8,880,000
      36,870 SF

      Magnolia Centre Investment Opportunity

      95% occupied medical/professional office building for sale.
      299 West Foothill Boulevard, Upland, CA 91786
      View Details
    • $3,300,000
      9,425 SF

      Upland Multifamily Investment Opportunity

      Thirteen-unit multifamily property in Upland, California with significant rental upside.
      425 North 11th Avenue, Upland, CA 91786
      View Details
    • $675,000
      60,000 SF

      Medical Condo in Total Care

      Medical condo in professional building near San Antonio Hospital.
      1183 E. Foothill Blvd., Ste. 130, Upland, CA 91786
      View Details
    • $2,650,000
      7,802 SF

      Foothill Boulevard Office Building

      Office building with frontage, access, and tenant income.
      1365 W Foothill Blvd, Upland, CA 91786
      View Details
    • $1.95
      36,870 SF

      Professionally Managed Office Building

      Two-story office building on historic Route 66.
      299 West Foothill Boulevard, Upland, CA 91786
      View Details
    • $2,950,000
      8,282 SF

      Upland Office Building For Sale

      8,282 SF office building in Upland, California.
      100 North Euclid Avenue, Upland, CA, 91786
      View Details
    • $2,595,000
      3,655 SF

      Upland Office Space For Sale

      Office space available in Upland, California, spanning 3,655 square feet.
      592 N Euclid Ave, Upland, CA 91786
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Established neighborhood market with multiple revenue streams and food service.
    Where is this grocery and convenience store located?
    The property is located at 69 N Grove Avenue Upland, CA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: High‑volume neighborhood store boasting $55,000 in monthly gross sales, with additional income streams.; Fully equipped for prepared food sales, ensuring compliance with all health department standards.; Turnkey operation, ready for immediate takeover and seamless transition.
    (661) 916-1583
    We can help!
    Listing Contact
    Nader Abu Safaqa
    Real Estate License ID: 02094935
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!