business opportunity in santa monica

  • Square Feet Approximately 2,200 square feet
  • Property type: For Sale
  • Parking Metered street parking and city lots
  • Asking Price $499,000
  • Neighborhood Santa Monica

Property Description

restaurant FOR sale

SIZE: Approximately 2,200 square feet
ASKING PRICE: $499,000
CURRENT RENT: $19,000 per month including NNN
LEASE: Approximately 1.5 years left with a 5 year option (Buyer can negotiate for extension of lease or new lease)
PARKING: Metered street parking and city lots
AVAILABLE: Immediately
GROSS SALES: $1,800,000

Location, location, location! One block from the beach and close to 3rd Street Promenade, shopping and nightlife, this restaurant has been a long-standing fixure in downtown Santa Monica.

• Front of the house restaurant brilliantly designed
• Fully equipped kitchen with grease trap
• 17 foot hood
• Walk in refrigerator and walk in freezer
• Type 47 ABC license
• Heavy foot and auto counts in high income area

Contact Agent