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Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22191326
Sold Date 05/02/23
HOA Y/N No
Year Built 1952
Lot Size 0.323 Acres
Lot Dimensions Assessor
Property Sub-Type Special Purpose
Property Description
Prime Arcadia Location, Bar/Lounge, Type 48 with a Full Kitchen and 92-seat capacity! Stand-alone Building - 2960
sq. feet / Lot: 14,064 sq. ft. Large rear parking lot with 22 parking spaces and additional street parking. In close
proximity to incoming development projects, popular eateries, and dense residential. This Beautiful Modern
Contemporary interior design Bar/Lounge serves quality food/pub food & tapas with great service & hard to find
Full Bar. Seller invested approx. $500,000 on renovation, build-out, and ABC License. Sales of Property include an
established Bar/Lounge, inventory/assets, ample parking, and a highly difficult to obtain TYPE 48 ABC LICENSE.
Great investment opportunity for either development, owner use, or improving on the existing business bar/lounge
Location
State CA
County Los Angeles
Area 605 - Arcadia
Interior
Cooling Central Air
Fireplace No
Laundry None
Building
Lot Description Paved, Rectangular Lot
Water Public
Others
Tax ID 8573013047
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Nick Zigic • Nick Zigic, BROKER