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] 

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service, the listing broker(s), the owner of this site, nor Luxury Presence shall be responsible for any typographical errors, misinformation, or misprints.

©2024 Santa Barbara Association of REALTORS. All rights reserved.

Data last updated 9:21 PM UTC, 10/1/2024

Powered byLuxury Presence