$83.96 Per Sq Foot $537 est/mo Sourced by Back At You

99 S Lake Avenue 102,Pasadena, CA 91011

Pasadena CA, 91011

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Description

This quick service restaurant is a rare find opportunity in the city of Pasadena. Convenient location, Great location, Money Making location on the famous Lake Ave where is close to Green Street and Colorado Blvd. The location currently offers an eclectic menu with unique Poke and Tea that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of street parking and foot traffic. 1191 sq.ft spaces with 30 max seat capacities. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key quick service restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information. Business Highlights: *Restaurant Name: Pokemix by Flour+Tea, Established since 2020 *Intersections of Lake Ave & Green Street *Lease expiration is May 2026, Annual Rent Increase 3% *Current Lease Rate: $5,249.93/month, CAM: $916.98/month *30 Max Seat Capacities *2 Full Time Employees, Monthly Gross: $28,000 *Trade name may be included in the sale. *Restaurant may convert to a different concept with the landlord's approval.

Details

MLS#WS23183658
Listing TypeFor Sale
Suite Number102
Sub-TypeResale
StatusActive Under Contract
Days On Site286
Listing Provided ByPinnacle Real Estate Group 626-888-9808 | ARTHUR HUANG
Buying Commision$0

Features

SQ Feet1,191

Market Activity 91011

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityPasadena
Zip Code91011
Area699 Not Defined
Listing VS Median (in 91011)
Price:
$100,000
low | high
Med:
$2,519,000
100% of Average
SqFt:
1,191
low | high
Med:
2,742
80.184718723762% of Average
$ / SqFt:
$84
low | high
Med:
$930
100% of Average
On Site:
286
low | high
Med:
2.500000
100% of Average
Sourced by Back At You
Listing Updated: June 18, 2024 at 12:11:04 PM PDT