$80,000
For Sale

616 W Garvey Avenue

Monterey Park, CA 91754
Listing OfficeHANDFORE REALTY CORP.
Browse 6 photos
Type:Purchase
Structure:Commercial
Zone:Residential

Description

Welcome to an extraordinary opportunity in Monterey Park, where tradition meets commerce in a flourishing 2,000+ square feet self-standing store. For over four decades, this establishment has been the cornerstone of the community, offering a diverse array of Traditional Chinese Grocery items. Situated in the vibrant heart of Monterey Park, on a main road with excellent public visibility, the store benefits from robust foot and car traffic. Its proximity to transportation hubs ensures convenient access for both customers and suppliers alike. With a long-standing clientele and established relationships supplying local restaurants, this business enjoys a solid reputation built on quality and reliability. As the current owner prepares for retirement, this transition presents a rare chance to inherit not just a business, but a legacy of success deeply rooted in the cultural fabric of the area. This opportunity is ideal for entrepreneurs seeking a turnkey operation with significant growth potential in a community renowned for its appreciation of traditional Chinese cuisine and culture. Don't miss your chance to own a piece of Monterey Park's rich history while stepping into a promising future of entrepreneurship.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$80,000
  • Other
      • MLS #WS24133263

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00