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Restaurant For Sale • 4,712 SF
| 9% Pro-Forma CAP. Current scheduled income is $149,112.00. 100% leased stabled income + Great Potential with a buildable space on this huge lot. |
| Prime Location, 5 Minutes from the Old Town Pasadena. Geological advantages, stable income, corner location of Fair Oaks Ave & Washington Bl. |
| Current low rent, Great location, Extra space to build for additional income, ideal for long-term stable investment |
| It includes an expired plan to build an additional 2,205 sqft, which can likely be reactivated. Possible for a MIX use project in the future. |
| For nearly two decades, the property has always been 99% leased, except during renovation periods. |
| Laundromat property is not a part. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 15 min | - | 9.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 26 min | - | 17.4 mi |
| Long Beach (Daugherty Field) | 45 min | - | 29.1 mi |
| Los Angeles International | 43 min | - | 29.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 38 |
| Type: | Surface |
| Included in Rent: | Yes |
