Active
2879 Grand Avenue
LOS OLIVOS CA, 93441
$5,900,000
$1,318.44 per sqft
Active
4,475 sqft
Commercial
Courtesy of Robert Rauchhaus, Radius Group Commercial R.E.
*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. Prospective buyers are welcome to dine at the restaurant. Please do not discuss the business sale with management or staff, or engage in any activities that could disrupt the experience of other guests.
24-2853
MLSⓇ ID
August 29, 2024
Listed
October 1, 2024
Updated
Map
2879 Grand Avenue
LOS OLIVOS CA, 93441
Other Property Details
Area Name
50 - SANTA YNEZ
Days on Market
6
Garage
No
View
No
County
Santa Barbara
Pool
No
Zoning
Other
Listed by Radius Group Commercial R.E., Robert Rauchhaus,
Listing Contact: [email protected]
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Data last updated 9:21 PM UTC, 10/1/2024