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TURNKEY BAR / RESTAURANT IN KOREATOWN 242-246 Western Ave 2,500 SF of Retail Space Available in Los Angeles, CA 90004
HIGHLIGHTS
- Highly Desirable Koreatown Location
- Located across from Kim Sun Young Beauty Salon At Beverly and Western Ave.
- Ideal For New Restaurant/Bar Concept Conversion
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
***THIS IS A BUSINESS/ASSET SALE: KEY MONEY IS REQUIRED*** District Realty Group, is pleased to present the opportunity to own an established turnkey restaurant & bar in prime Koreatown. The Bar comes with a very attractive, below market rent and stabilized increases. The unique building layout allows for an operator to implement their own business for the entire space or even a dual-concept. The venue is renowned for its excellent cocktails, paired with a menu of popular bar bites. To offset overhead costs, the current operator subleases the kitchen to a ghost kitchen tenant. Email for details. *Multiple “Grandfathered” LA County conditional licenses attached to venue with no yearly renewal fees. Note: There is an option currently being permitted (and installed for the right buyer) for an 80 square foot digital ad billboard / marquee on the front of the venue. This very high traffic blvd (appox million traffic count per month ESRI) is a prime and coveted location for digital billboard advertising, with revenue potentially exceeding the entire rent amount. This digital billboard is in possession and ready to install. Please contact for more details. *DISCLAIMER: BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO ANY TENANTS OR STAFF, UNLESS OTHERWISE APPROVED, IN WRITING, BY SELLER/OWNER OR DISTRICT REALTY GROUP. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.*
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Kitchen
- Wi-Fi Connectivity
- Fully Built-Out as a Drinking Establishment
- Central Air Conditioning
- Private Restrooms
- After Hours HVAC Available
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 4574 Beverly | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | Now |
1st Floor, Ste 4574 Beverly
| Size |
| 2,500 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 4574 Beverly
| Size | 2,500 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
***THIS IS A BUSINESS/ASSET SALE: KEY MONEY IS REQUIRED*** District Realty Group, is pleased to present the opportunity to own an established turnkey restaurant & bar in prime Koreatown. The Bar comes with a very attractive, below market rent and stabilized increases. The unique building layout allows for an operator to implement their own business for the entire space or even a dual-concept. The venue is renowned for its excellent cocktails, paired with a menu of popular bar bites. To offset overhead costs, the current operator subleases the kitchen to a ghost kitchen tenant. Email for details. *Multiple “Grandfathered” LA County conditional licenses attached to venue with no yearly renewal fees. Note: There is an option currently being permitted (and installed for the right buyer) for an 80 square foot digital ad billboard / marquee on the front of the venue. This very high traffic blvd (appox million traffic count per month ESRI) is a prime and coveted location for digital billboard advertising, with revenue potentially exceeding the entire rent amount. This digital billboard is in possession and ready to install. Please contact for more details. *DISCLAIMER: BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO ANY TENANTS OR STAFF, UNLESS OTHERWISE APPROVED, IN WRITING, BY SELLER/OWNER OR DISTRICT REALTY GROUP. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.*
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Wi-Fi Connectivity
- After Hours HVAC Available
PROPERTY FACTS
| Total Space Available | 2,500 SF | Apartment Style | Mid-Rise |
| No. Units | 80 | Building Size | 64,673 SF |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment |
| Total Space Available | 2,500 SF |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 64,673 SF |
| Year Built | 1928 |
ABOUT THE PROPERTY
***THIS IS AN ASSET / BUSINESS SALE --KEY MONEY IS REQUIRED*** District Realty Group, is pleased to present the opportunity to own an established turnkey restaurant & bar in prime Koreatown. The Bar comes with a very attractive, below market rent and stabilized increases. The unique building layout allows for an operator to implement their own business for the entire space or even a dual-concept. The establishment is known for its great cocktails, complemented by popular bar food. *Multiple “Grandfathered” LA County conditional licenses attached to venue with no yearly renewal fees. Note: There is an option currently being permitted (and installed for the right buyer) for an 80 square foot digital ad billboard / marquee on the front of the venue. This very high traffic blvd (appox million traffic count per month ESRI) is a prime and coveted location for digital billboard advertising, with revenue potentially exceeding the entire rent amount. This digital billboard is in possession and ready to install. Please contact for more details. *DISCLAIMER: BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO ANY TENANTS OR STAFF, UNLESS OTHERWISE APPROVED, IN WRITING, BY SELLER/OWNER OR DISTRICT REALTY GROUP. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.
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TURNKEY BAR / RESTAURANT IN KOREATOWN | 242-246 Western Ave
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