A fairly large chunk of commercial property fronting Taft Highway is up for grabs in Walden.
“It’s a steal as far as property goes,” Lynn Sexton said of the 1.3 total acres which houses Golden Palace, Lynn’s Market, Jack’s Barbershop and a small residence. Her family has owned the land since the 1972, but is now offering it for $750,000 for the two parcels.
“They cannot be divided; because of the way the parcels are they overlap, so we’re selling it all as one property,” said Crye-Leike real estate agent Eleanor Dobson. “Now if they bought it they could do whatever they wanted, probably, but they can’t sell you one or the other. It has to be both.”
The buildings are currently leased, Lynn’s until December of this year and the Golden Palace for three more years, according to Sexton.
“[The leases] will remain in effect,” she said. “I’m assuming whoever buys it will work out whatever with them. They have to honor those until they’re completed.”