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#5407
San Francisco Metro

Super high volume Asian supermarket in the heart of SF Chinatown

$468,000
Available
Super high volume Asian supermarket in the heart of SF Chinatown



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Super high volume Asian supermarket in the heart of SF Chinatown. Prime location with heavy foot traffic that stretches along the Stockton street from Sacramento street to Columbus ave. Store conveniently located with S.F. public transit bus stop 10 feet away and 1 block from the new Bart substation. Total square feet including basement and mezzanine office is more than 7500 square feet. Veggies line the front of the grocery store, But there is also live crabs/shellfish in tanks can be seen on the left as you enter the store. Seller spent $800,000 to upgrade the supermarket few years ago. Annual sales is $3,102,000  .  Lease is $16,000

 

Has 2 large new refrigerator/freezers in basement, very  large storage area, and side entrance with drop down ramp-slide from street level to basement for deliveries to be stored. Also has multiple new seafood tanks, refrigerator counters for meats and all are in full compliance with the S.F. public health department.  Basement walk in commercial freezers, all new compressors and electrical . These were extensive remodeling completed within last few years 

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Francisco Metro
Lease Term:
There is 7 yr left on lease
Total Monthly Rent:
$16,000

Financials

Last Year's Annual Gross:
$3,102,000

Operations

# of Full-Time Employees:
6
# of Part-Time Employees:
1
# of Working Owners:
1
Hours Open:
open everyday from 7am-6pm
Year Established:
4 year

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
7,500

Highlights

  • Sells meat, produce, and seafoods
  • Prime location with lots of foot traffic

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,134 226,687 514,468
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,507 122,239 247,764
2010 Persons Per Household 1.94 1.74 1.96
Median House Value $931,200 $789,333 $823,222
Income Per Household $50,485 $62,455 $77,662
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,422 18,510 27,345
2012 Number Of Employees 36,692 728,302 960,060
2012 Total Annual Payroll $936,217,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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