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$ 99,800
Est. payment | /mo
$ 99,800
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID AR26109370
HOA Y/N No
Property Description
TROPHY LOCATION IN OLD PASADENA! Rare opportunity to acquire a prime, turnkey 700 SF commercial retail space located at the iconic 19 S Fair Oaks Ave, just steps from Colorado Blvd. Positioned on a high-visibility, premier corner, the space shares immediate traffic with institutional anchors including The Cheesecake Factory, is directly across from Blue Bottle Coffee, and sits blocks from Apple, Lululemon, and Salt & Straw. Offered at an exceptional low asking price, this 100% absentee-owned business features incredible infrastructure value with recent seller-upgraded HVAC, plumbing, and a spacious back-of-house walk-in cooler. The property features an existing gas line and offers the unique potential to add a small hood at the front (buyer to verify with city/landlord), making it highly versatile for continued beverage use or conversion into a boutique cafe, bakery, or light quick-service concept. Enjoy an incredibly competitive rent of $8,300/mo with 3 years remaining on the lease plus a coveted 5-year renewal option. Sale is fully comprehensive and includes all inventory, registered trademarks, business name, and active social media accounts. An unbeatable, low-overhead entry into one of Southern California's highest-grossing shopping and dining districts!
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Interior
Fireplace No
Others
Tax ID 5713007007
Listed by Sitong Liu CBD Investment Inc T.C. 626-238-8968, DRE #02038481
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