Business included in real estate and has to be sold together. A business escrow is required in this transaction. Subject to owner completing an IRS code section 1031 tax deferred exchange on the real estate owned. In the heart of Pacific Grove this is a thriving business concentrated on Pizza, Panini, Gelato, and a wine bar. There is added value with the possibility of a residential unit being added to the upstairs. The city is in favor of this and a vacation rental is possible. Buyer needs to verify this with the city of Pacific Grove.
Contact Century 21 M&M: For more information regarding this commercial property, please give us a call at View Phone Number (831) 477-2121 .
Data Provided by:
MLS Listings, Inc.