$650,000 23980 Newport Drive Menifee, CA

MLS: IG21007039   Type: Commercial   County: Riverside   City: Menifee   Area: Southwest Riverside County   Zip: 92587   Style: Business  

Mortgage $3,052 /mo



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Quail Valley Market an established business in the City of Menifee. This store has been providing the local community and visitors with access to a wide variety of food, vegetables, snacks, beer and wine. The sale includes the business and inventory, building and land and the adjoining 2 parcels in description. The business is running, all licenses are current and included in price. *Beer& wine license * Health permit with grade A *EBT food stamps. * 6 door walk-in cooler * Storage room * 1 ice freezer unit * 2 ice cream display freezer unit * 1 commercial floor sink * 1 restrooms * 1 storage shed * security camera systems * spacious parking( 10 spots for the business customers ). The business has a neighborhood of residential/ commercial regular customers. There's a enclosed Patio with potential to expand the store. Short store hours , we are open 7 days a week. Proof of sales income documents are available upon request at the business. Huge upside potential sales increase by: *expanding store hours, and opening 7 days a week. *establishing a website and social media pages. * Includes parcels 350-254-031 and 350-254-014

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Price History

1/12/2021 Listed $749,900
4/6/2021 20% - $600,000

Additional Parcels Y/N No
Listing Agent Vince Baldwin - BRE#01002523
Listing Agent State License 01002523
MLS Area SRCAR - Southwest Riverside County
Property Sub Type Additional Business
Property SubType Business
Property Type Commercial Sale
Terms Cash, Cash to New Loan

Interior Features

Laundry Features None

Exterior Features

Lot Features Street Level
Lot Size Acres 0.23
Lot Size Area 10019
Lot Size Source Assessor
Lot Size Square Feet 10019
Lot Size Units Square Feet
Water Source Other

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Property vs Zip Code Avg (92587)

Price 650K Avg 325K

Acres 0.230005 Avg 0.17

Visits 72 Avg 65

Days on Site 123 Avg 327

Walkscore® 10 Avg 31

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Vince Baldwin with Keller Williams Realty.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA