Pasadena Income and Restaurant Opportunity

Bona Corso & Associates is pleased to present this restaurant and real estate opportunity within the city of Pasadena. The property consists of 6,857 SF Building on 19,334 SF of land comprised of 3 parcels. The property has great visibility at street level with approximately 175 FT along Foothill Blvd. The restaurant space underwent extensive reconstruction and renovation over a one year and period ending in 2017, allowing for a more efficient layout for better operation. The renovation included all new interior walls, new architectural brickwork inside, new flooring throughout, new copper plumbing, new roof, complete new electrical system, 2 new 7.5 Ton air conditioners, new L Shape bar, and 2 ADA compliant bathrooms. All materials used are considered to be of high-grade architectural quality. Upgraded electrical system 1500 gallon grease trap. The subject property has 19 on-site parking spaces in addition to ample street parking. The offering has 2 points of ingress and egress on Foothill Blvd & Wenger Alley. There is also building signage on the restaurant which is visible from both directions. The business includes all FF&E and a full type 47 liquor license with a value of over ($340,000). Call Broker for showings 626-755-3223 Drive By Only. Please do not disturb Tenants or Discuss with Employees. * Significant Development in tile area. *Parcels# 5750-026-019 # 5750-026-030 # 5750-026-031
3 Buildings on 3 Lots
Restaurant Opportunity
Ample Parking
Foothill Blvd. Exposure
Type 47 License Included
Net Lease Income
Owner/User
19,334 sq. ft. Land
Sq Ft: 6.857
Yr Built: 1953,1960
Asking: $5,575,000
Address: 2817,2827,2835 E. Foothill Blvd.
Pasadena, CA
91107
 
James Bonaccorso
Bona Corso & Associates
626-755-3223
[email protected]
[email protected]
Lic#: 01516202