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Browse More Listings in Retail For Sale, San Jose, CA or California

Retail Property For Sale

Seafood Restaurant

150 SOUTH SECOND STREET, San Jose, CA 95113

Price:
$175,000
Building Size:
5,070 SF
Price/SF:
$34.52
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Business For Sale
Commission Split:
5%
No. Stories:
1
Year Built:
2000
Find Out More...

Last Verified 10/11/2009 Listing ID 16241345

Highlights

Seating for 120
47 LICENSE
CLOSE TO CITY HALL,DOWNTOWN CONDOS, OFFICE BUILDINGS,LIGHT RAIL

GOOD LEASE WITH 2 10 YEAR OPTIONS.
PATIO DINING
BANQUET ROOM

Description

A freestanding building with good street exposure.Has outside dining area.Close to the Rep threater,light rail, new high ri se condos,City Hall only blocks away,city parking lot next door, .clean and great atmosphere,lots of window lines.patio dining for 20+, banquet room for 40+, total seats 120.A 47 license, full liquor, beer and wine. Not included in the price is the name of the business, all marketing, menus, and recipes.The food venue can be change.Big reduction for quick sale.
The current lease has 1 1/2 years left plus 2 10 year options.Percentage rent
is 5% over $100,000 gross sales.Current base rent is $4,100 plus nnn.The City of San Jose is the Landlord.Big reduction partnership splitting up

Prime dowtown location.Close to San Jose City Hall,San Jose State, Goverment offices. light rail.

Map of 150 SOUTH SECOND STREET, San Jose, CA 95113 (Santa Clara County)

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Presented by

R.G.Matusich Realtors & Assoc., Inc.

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Contact Listing Broker

Richard G. Matusich (408) 371-0700

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Created 5/16/2009

Additional Information for 150 S 2nd Street, San Jose, CA 95113

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Seafood Restaurant

150 SOUTH SECOND STREET, San Jose, CA, 95113