Alhambra, California, offers a unique opportunity for investors to own a piece of the city's diverse culinary scene with its numerous restaurants for sale. With a population of approximately 80,000 residents, Alhambra provides a stable customer base for restaurants, and its proximity to Downtown Los Angeles makes it an attractive location for businesses. Restaurants in Alhambra can cater to a wide range of tastes and cuisines, from traditional American diners to international eateries, and can benefit from the city's rich cultural heritage. The city's infrastructure, including major freeways and public transportation services, makes it easily accessible to customers from surrounding areas. Additionally, Alhambra's educational institutions, such as Platt College and Alliant International University, provide a steady stream of potential customers. The city's amenities, including the Alhambra Hospital Medical Center and Almansor Park, also contribute to its appeal as a great place to live and work. With 5 restaurants for sale in Alhambra, investors have a range of options to choose from, with average prices per square foot of $995 USD and average sizes of 12,135 square feet.
Restaurants in Alhambra are just one of the many property types available in the city. Apartment buildings, with their steady stream of rental income, can provide a stable investment opportunity. Shopping centers, such as those along Main Street, offer a mix of retail and dining options, catering to the local community. Specialty properties, like the historic Wing Lung Bank building, can provide a unique investment opportunity. Hotels, with their proximity to Downtown Los Angeles, can capitalize on the city's tourism industry. With its diverse range of property types, Alhambra offers investors a variety of options to suit their needs and goals. The city's location, infrastructure, and amenities make it an attractive location for businesses, and its restaurants, in particular, offer a unique opportunity for investors to own a piece of the city's culinary scene.
What is the average cost per square foot for a restaurant in Alhambra?
The average cost per square foot for a restaurant in Alhambra is $995 USD per square foot, with 5 available listings, and an average size of 12,135 square feet.
What factors determine the value of a restaurant for sale in Alhambra?
When evaluating the value of a restaurant for sale in Alhambra, several key factors come into play, including:
- The average price per square foot, which currently stands at $995 USD per square foot, and the average size of restaurants in the area, which is approximately 12,135 square feet.
- The location of the restaurant, with proximity to major transportation hubs like the San Bernardino Freeway (I-10) and the Long Beach Freeway (I-710), as well as its visibility and accessibility from main roads like Valley Boulevard and Atlantic Boulevard.
- The overall condition and amenities of the property, including the age and quality of the building, the availability of parking, and the presence of outdoor seating or other desirable features.
