2879 Grand Avenue, Los Olivos, CA

$5,900,000

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4,475

Square feet

0.14

Acres

Active

 

About 2879 Grand Avenue

*BUSINESS SALE WITH REAL ESTATE INCLUDED* Landmark restaurant, Los Olivos Wine Merchant, is for sale with its associated real estate. The restaurant and wine store is near the center of Los Olivos. The restaurant is not only a local area favorite, but known nationally because of its inclusion in the film Sideways. The profitable business is housed in a rustic +/-4,475sf building & is one of the largest restaurants in town. The building features ample seating & entertaining w/ a large main dining room, bar, private dining room & patio.The cafe has consistently been awarded as the best restaurant for wine since 2007. After nearly 30 years operating the restaurant, the owners are looking to retire, but they are willing to help ensure a smooth transition to new ownership. This business has been passively run, in great part due to its loyal & talented management/staff.A thorough Confidential Information Memorandum is available to qualified Buyers. Prospective buyers must execute an NDA and may need to show proof of financial qualification. The real estate will not be sold separately. Broker is happy to cooperate with other Brokers that are experienced in business sales, carry business E&O, know ABC processes, etc. For all others, Broker is willing to pay a referral fee.Prospective buyers are welcome to dine at the restaurant. Please do not discuss the business sale with management or staff, or engage in activities that could disrupt the experience of other guests

Features of 2879 Grand Avenue

MLS® # 24001705
Price $5,900,000
Bathrooms 0.00
Square Footage 4,475
Acres 0.14
Year Built 1980
Type Comm/Ind/BusOp-Sale
Sub-Type Wine Related
Status Active

Community Information

Address 2879 Grand Avenue
Area Santa Ynez Valley
Subdivision Not Applicable
City Los Olivos
County Santa Barbara
State CA
Zip Code 93441

Amenities

Parking Spaces 2
Has Pool No

Interior

Heating Other Heat
Cooling Central Air

Exterior

Roof Flat
Foundation None

Additional Information

Foreclosure No
Short Sale No

Listing Details

AgentRobert Rauchhaus
OfficeRadius Commercial RE

Listing Map

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