Location
Agent Comments
Take advantage of this rare investment opportunity in the heart of San Jose Corridor, featuring the legendary Zipper's Restaurant, a registered brand with 35 years of recognition and a loyal following. The iconic brand of ZIPPER'S is included with a full-price offer, providing a business opportunity.
This expansive oceanfront property boasts a highly desirable ATO zoning, opening the door to endless development possibilities. Currently, the property includes 5 retail shops and 2 income-producing apartments, generating $17,000 USD in monthly revenue.
Development Potential: Imagine the potential! The lot is ideally suited for a 5 Starts Resort or luxury condo complex, with the ability to sell oceanfront units. The furniture of the restaurant or other businesses is not included in the sale price. The registered trademark ZIPPER's would be included in the sale price if the purchase offer is at full price or near the asking price. Even without the registered trademark, this place has great potential and a bright future, as it has 40.26 m² of beachfront, something very unique that makes it a special place. Whether you want to operate it as a business and continue receiving rental income or build a project from scratch, it offers a lot of potential. The sellers are offering the property as real estate and are not open to sharing their accounting records. However, the rental agreements for the five stores will be available for review after an offer is accepted.
Interior Features
- Floors: Concrete
Additional Features
- Tax Number: 401024014193-00A001
- Year Built: 1990