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INVESTMENT HIGHLIGHTS
- 2,500 SF restaurant/bar with full kitchen, grease trap, and ADA restrooms.
- Strong location surrounded by new condos, apartments, and hotels boosting future foot traffic.
- Zoned for up to 15,000 SF of potential new development across 2.5 stories.
- Tenant in place through February 2027; seller financing available.
EXECUTIVE SUMMARY
Don’t miss this exceptional opportunity to acquire a 2,500 SF fully built-out restaurant/bar featuring a full commercial kitchen, grease trap, and ADA-compliant restrooms. Located in a rapidly developing downtown area, the property benefits from strong future foot traffic driven by nearby new condos, apartments, and hotels. This offering is being sold together with the adjacent 3,000 SF café/lounge (MLS A11773242), which is vacant. For a combined total of 5,500 SF of prime commercial space. The combined asking price is $3,800,000 and includes attractive seller financing options. The properties are zoned for a potential 15,000 SF development across 2.5 stories, making it a compelling value-add or redevelopment play. The current tenant remains in place through February 2027, providing immediate income and a smooth transition for future plans. Showings by appointment only—please do not disturb the tenant.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,493 SF
Building Class
B
Year Built
1935
Price
$1,900,000
Price Per SF
$762.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.82
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
CCC-1 - Commercial
Parking
24 Spaces (9.63 Spaces per 1,000 SF Leased)
Frontage
55’ on Hollywood Boulevard
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,160,430 | |
| Land Assessment | $211,760 | Total Assessment | $1,372,190 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$211,760
Improvements Assessment
$1,160,430
Total Assessment
$1,372,190
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