Exceptional Food Processing Facility Available for Sale
In an exciting development, Hilco Real Estate Sales, in collaboration with Onyx Asset Advisors, has announced a unique opportunity to bid on a food processing facility strategically located in Vista Pacific Business Park. This facility promises a wealth of potential for interested buyers and investors looking to capitalize on the burgeoning food industry.
Facility Overview
The property encompasses 28,900± square feet and has been expertly designed to cater to food processing needs. With a one-story building constructed in 1988, it sits on a spacious 1.28± acres. It underwent significant renovations in 2009, ensuring that it remains relevant and functional for today’s manufacturing standards. Key features include seven loading docks, impressive ceiling heights reaching 19 feet, and ample parking to accommodate both employees and logistics.
Recent Enhancements and Equipment Offerings
Currently occupied by a bakehouse specializing in bread and other baked goods, the facility is well-equipped for ongoing operations. The building's heavy-grade power, rated at 1,200 amps, supports the necessary equipment such as commercial ovens and mixers. Additionally, the potential for acquiring existing equipment through Onyx Asset Advisors enhances the building's allure, making it an ideal turnkey solution for buyers looking to hit the ground running.
Strategic Location Benefits
Positioned conveniently near major state routes, the property's location provides easy access to both State Routes 76 and 78, linking directly to the significant Interstates 5 and 15. This accessibility not only facilitates efficient regional distribution across Southern California but also positions the facility as a key player in the food supply chain.
Market Demand for Food Industry Space
Jonathan Cuticelli, Vice President at Hilco Real Estate Sales, highlighted that demand for food-grade and specialized industrial spaces continues to rise in Oceanside and the broader North County area. This facility checks all the right boxes for businesses looking to expand or start their operations, underlining its strategic viability for those involved in food processing or distribution.
Workforce and Economic Environment
Local workforce statistics are also encouraging. Recent data indicates that the Oceanside area boasts a labor force of about 84,800 individuals, with significant employment concentrated in manufacturing and food service sectors. This economically vibrant background presents additional advantages for businesses seeking to leverage local talent for their operations.
How to Participate in the Sale
Potential bidders should take note that this property is being sold as part of a bankruptcy proceeding, and formal bids will need to follow the guidelines outlined in the Purchase & Sale Agreement. Interested parties should access all necessary documentation through Hilco Real Estate Sales to ensure compliance with the sale process. Appointments for on-site inspections are required, ensuring a thorough evaluation of the facility.
Contact Information
For more detailed inquiries about the sale and terms, prospective bidders can reach out to Christian Koulichkov at (847) 449-7757 or email him directly. Alternatively, Jonathan Cuticelli is available at (203) 245-0539 for further assistance.
Frequently Asked Questions
What is the size of the food processing facility?
The facility spans 28,900± square feet and is situated on approximately 1.28 acres.
What are the main features of the facility?
Key features include seven loading docks, 19-foot ceilings, heavy-grade power, and a mezzanine office space.
Who can participate in the bidding process?
Interested participants must review the Purchase & Sale Agreement and fulfill the listed requirements to take part in the bidding.
What type of operations is the facility currently suited for?
The facility is currently occupied by a bakehouse but is also suitable for various food processing, packaging, and warehousing operations.
How can I contact Hilco Real Estate Sales?
You can reach Christian Koulichkov at (847) 449-7757 for any inquiries about the property and the bidding process.
