Mount Vernon Grocery with Two Additional Rental Income Streams

Asking Price$995,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$200,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Mount Vernon Grocery with Two Additional Rental Income Streams


Asking Price$995,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$200,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
$4,700/Month in Additional Rental Income from Restaurant & Apartment!
Three Income Streams! Grocery, Restaurant & Apartment – Real Estate Included

An exceptional opportunity to acquire an established convenience store and income-producing real estate in Mount Vernon, Washington!

Offered at $995,000, Jerry’s Grocery presents a compelling combination of an operating retail business, a leased Mexican restaurant, and an upstairs residential apartment. This mixed-use property provides three distinct income streams under one roof, offering a buyer the opportunity to operate an established neighborhood business while benefiting from additional rental income.

Located near downtown Mount Vernon and the Skagit River, the property serves an established residential community with convenient access to the surrounding downtown area.

The grocery business offers an established customer base and a straightforward retail operation. The property's additional rental components create an attractive opportunity for an owner-operator seeking to diversify income beyond traditional convenience store sales.

The on-site Mexican restaurant operates under a newly executed three-year lease, while the upstairs apartment provides a separate residential rental income stream. Together, these tenants create additional income opportunities that complement the grocery business.

Investment highlights

Three income streams: grocery operations, restaurant rental income, and residential rental income.
Real estate included in the $995,000 asking price.
Established convenience store with an existing customer base.
Mexican restaurant operating under a newly executed three-year lease ($3,500/mo.)
Upstairs residential apartment with a new rental agreement ($1,200/mo.)
Convenient Mount Vernon location near downtown and the Skagit River.
Opportunity for an owner-operator or an investor seeking a mixed-use commercial property.

This is a unique opportunity to acquire an established business and income-producing real estate in one transaction.

Financial information, lease agreements, and additional property details are available to qualified buyers upon execution of a confidentiality agreement.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Listing Info
ID
2555339
Listing Views
26

Listing ID: 2555339 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.


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