$170,000
$195,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
1601 Cabrillo AVE Torrance, CA 90501
Key Details
Sold Price $170,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25595415
Sold Date 10/27/26
HOA Y/N No
Property Description
Why You Should Buy a Liquor Store: #1 it's one of the most Recession Proof businesses you can own. #2. Low Competition Due to ABC Regulations; #3. Shelf Stable Inventory; #4. Year-Round Demand; #5. No Need to Advertise. Frank's Liquor Store has been in business at the same location for nearly 50 years. The current owner has operated there since 1993 and is ready to retire. He's willing to negotiate training time for a newcomer to the business. This is a small store, less than 1000sf, with good inventory turnover. There is more than adequate storage area. Lots of street and municipal parking around the store, including temporary parking in front. A new five year lease is in place starting 2/1/26 with annual 3% increases.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Interior
Fireplace No
Others
Tax ID UNAVAILABLE
Financing Cash
Special Listing Condition Standard
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Bought with Carl Clark Beach City Brokers