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This Land, Building & Business are to be sold together. This lot size is 13,552 Square Feet that’s .311 Acres. The topography of the land is level. The building was built in 2009. Commercially zoning at this location allows for food, restaurant, office, retail, even multifamily or a combination thereof. Located on the corner of Burlington Blvd & Hwy 20. Only about 3 blocks from Hwy I-5.Seller financing is offered, terms are strict, at least $250,000 cash down at closing, 10-year term for pay off at a 7% interest rate.Currently this business is a donut shop which is established for 12 years at this location. This is a high traffic street location right across the street from a high school. The current menu offers donuts, espresso and ice cream.This donut shop is profitable but if the new owner had no loan to pay off, then the new owner could enjoy a six-figure annual net from this business. There is a 12-year customer base built up if you keep this same simple concept.With the commercial zoning here, there is lots of potential as a new owner here you can turn this setup into a full restaurant (hookups for the type 1 hood system) are already in place. It has great visibility on this busy street. Fast food, hamburgers, sub sandwiches or tacos would probably all do well here. This area has little to no Indian or Korean food offerings. Other types of commercial uses zoned for at this location are retail or office building. You could even turn this into a multifamily housing building. You the new owner you can lease this property out and sit back and enjoy the fruits of someone else’s labor.The square footage of this donut shop is 768 sq ft, but there is a large patio out front so this inside space can be easily expanded to double the size.This is a great investment opportunity in real estate land, building and business.
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