513 N Maclay Avenue

Description

Rare business opportunity in the heart of San Fernando! Mercado Las Palmas is a well-located grocery store and restaurant space at 513 N Maclay Ave, offering approximately 2,000 sq. ft. of retail space. The property includes a large gated lot in the back, which can be converted into additional parking or rented out for extra income. The mercado’s lease is secured for 14 more years at $3,500/month, providing stability for a new owner. The restaurant space currently has a short-term lease that is up for renewal, with the owner having the option to extend or terminate if they wish to take over operations and increase cash flow. This location previously held a beer and wine license, and there is potential to obtain a new one. Assistance with permits is available. Don't miss this chance to own a thriving market in a prime location!

Listing information courtesy of: Caroline Harabedian, Re-Search Concept . *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.