Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!
The income description goes here to explain
List Price | $1,395,000 |
Property Type | Retail |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1930 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 1003//0039 |
MLS # | DCDC2142896 |
Property ID | 320544234 |
Lot Sqft | 1,260 |
Zoning | NMU-4/H-A |
Days on Market | 176 |
Original List Price | Unknown |
Date Updated | September 30, 2024 |
Date Created | May 30, 2024 |
Financials not available online. Please inquire with your agent for more details.
Jennifer S Smira an agent of Compass. Lic #SP600505
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT