Monterey Peninsula Market/Grocery + 34-Seat Restaurant Water Credits

Asking Price: Not Disclosed

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Monterey Peninsula Market/Grocery + 34-Seat Restaurant Water Credits


Asking Price: Not Disclosed

Asset Sale Description
Rare opportunity for an operator looking to launch or expand on the Monterey Peninsula.

This approx. 5,100 sq. ft. facility combines a permitted retail/grocery primary use, valuable food-service water credits, substantial commercial kitchen infrastructure and an attractive gross rental rate.
After 14 years of local operation, ownership is exploring an out-of-state relocation and offering the facility's equipment, fixtures and improvements to the right next operator.

The $165,000 offering includes approx. $95,000 in FF&E at current new replacement value, $85,000+ in seller-funded facility improvements and infrastructure, plus a favorable long-term lease opportunity directly with property ownership.

KEY HIGHLIGHTS
• Approx. 5,100 sq. ft. + 1,200 sq. ft. private gated exterior/parking area
• Current gross rent approx. $5,160/month (not NNN)
• Grocery/Market/Retail primary use + secondary Food Service
• Water credits supporting up to 34 food-service seats
• 400-amp electrical service with 220V/240V
• Extensive commercial kitchen + production infrastructure
• 9' Type I hood + fire suppression
• Commercial in-ground grease trap
• Commercial refrigeration/freezer equipment
• Commercial plumbing, sinks + warewashing equipment
• Retail checkout/display infrastructure
• ADA-compliant restroom + primary entrance
• Significant production + storage capacity

EQUIPMENT + IMPROVEMENTS
Included FF&E consists of commercial refrigeration/freezers, cooking and warewashing equipment, stainless work tables, shelving, retail checkout cabinetry, digital displays and additional fixtures.
Seller-funded improvements include substantial electrical, plumbing, LED lighting and food-production infrastructure. Detailed asset list available to qualified buyers.

LOCATION
Located within a primary Monterey Peninsula retail corridor with convenient Highway 1 access, serving Monterey, Carmel, Pebble Beach, Pacific Grove, Seaside and surrounding communities. Near Target, HomeGoods, and new hotels & residential development.

USE REQUIREMENT
Primary use must be grocery, retail, market or a similar qualifying retail concept. Food service is permitted as a secondary use, with existing water credits supporting up to 34 food-service seats.
Ideal uses may include specialty grocery, market, butcher, deli, prepared foods, food production, retail + café or similar concepts. Restaurant/food-service-only concepts will not qualify.

LEASE STRUCTURE
Current gross rent is approx. $5,160/month (not NNN!). Ownership is supportive of the transition and interested in a favorable long-term direct lease with a qualified operator. Final rental rate and lease terms would be determined directly with property ownership.

Additional information, asset list, and private walkthroughs are available to qualified interested parties by appointment.
Detailed Information
Years in Operation
14
Facilities & Assets
Rare opportunity to acquire a 5,100 sq. ft. Monterey Peninsula facility permitted for primary market/grocery use with secondary food service water credits supporting up to 34 seats.

Includes $95,000 in FF&E and $85,000+ in seller-funded facility improvements. FF&E consists of commercial refrigeration/freezers, cooking and warewashing equipment, stainless work tables, shelving, retail checkout cabinetry, digital displays and additional fixtures.

Key Highlights:
• 1,200 sq. ft. gated exterior/parking area.
• 400-amp electrical service with 220V/240V
• Updated LED Lighting Throughout
• Commercial kitchen/production infrastructure
• Type I hood + fire suppression
• In-Ground Grease trap
• Commercial plumbing, sinks + ware washing equipment

Located within a primary Monterey Peninsula retail corridor with convenient Highway 1 access, serving Monterey, Carmel, Pebble Beach, Pacific Grove, Seaside and surrounding communities. Near Target, HomeGoods, new hotel and residential development.
About the Sale
Transition Support
After 14 years of local operation, ownership is exploring an out-of-state relocation and offering the facility's equipment, fixtures and improvements to the right next operator.

Current gross rent is approx. $5,160/month (not NNN!). Ownership is supportive of the transition and interested in a favorable long-term direct lease with a qualified operator.

Restaurant-only concepts do not qualify; market/grocery must remain the primary use, with food service permitted as a secondary use.

This is an asset/facility transition, not the sale of the existing operating business.
Additional information, asset list, and private walkthroughs are available to qualified interested parties by appointment.
Seller Motivation
Owners are exploring an out-of-state relocation
Listing Info
ID
2553140
Listing Views

Listing ID: 2553140 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.