Seller financing is an option, please inquire for more information
Uncover the extraordinary investment opportunity with this remarkable commercial real estate in Feltonville! Boasting an unbeatable location on an exceptionally high-traffic corner, this property comprises four parcels that house the highly profitable Jimmy's Sports Bar, the exquisite El Castillo Catering Hall and Lounge, and the versatile La Cocina Kitchen.
For over a decades, Jimmy's Sports Bar has been a beloved local favorite, attracting a loyal and steady crowd each night. Now, with the exciting addition of gambling, Jimmy's offers even more entertainment for its patrons. Meanwhile, El Castillo stands as a charming and stylish Latin lounge, complete with a coatroom and elevator, making it a frequent choice for weddings and various celebratory occasions.
What sets this property apart is not only the success of these two established businesses but also the potential for additional ventures. With the build-out and creation of new restaurant, it adds possibility of another lucrative venture, enhancing the property's income potential.
Included in the sale of both the business and real estate is a valuable liquor license, adding further appeal to this already enticing investment. The zoning classification of CMX1 opens up a multitude of possibilities, making it an ideal choice for entrepreneurs seeking a versatile and profitable space.
Looking beyond the existing businesses, the upstairs area presents an opportunity for conversion into apartments or can be rented out as is, providing additional revenue streams. With a history of over 10 years in successful operation and a loyal customer base, this rare combination of businesses and prime location transforms this property into an absolute gold mine.
Don't miss out on this exceptional chance to secure a lucrative investment in commercial real estate, offering not just established businesses but also the potential for growth and diversification. Act now and seize this unbelievable opportunity in the heart of Feltonville!
The income description goes here to explain
List Price | $1,349,000 |
Property Type | Other |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1940 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 882061870 |
MLS # | PAPH2313568 |
Property ID | 320164837 |
Lot Sqft | 4,478 |
Zoning | CMX1 |
Days on Market | 316 |
Original List Price | Unknown |
Date Updated | November 18, 2024 |
Date Created | January 16, 2024 |
Financials not available online. Please inquire with your agent for more details.
Carlos Masip an agent of . Lic #AB068852
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT