Property summary
This exceptional turnkey opportunity presents a well-established German gourmet deli, supermarket, and restaurant available for lease. Boasting a loyal customer base cultivated since 1946, this business occupies a 1,500 square foot main floor space complemented by an additional 1,500 square foot basement. All existing equipment is included in the sale, encompassing freezers, stoves, and kitchen counters, ensuring a seamless transition for the new owner. The monthly rent is $8,500, subject to a 3% annual escalation clause. A two-month security deposit is required. The current owner is offering support to the new tenant, assisting with a smooth transition and potentially maintaining the existing, successful menu. A turnkey purchase price of $80,000 is being offered, and this figure is negotiable. This presents a rare chance to acquire a profitable, long-standing business with a built-in customer base and established brand recognition. The property is a single-tenant space, ideal for an owner-operator seeking a ready-made operation. Further details are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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