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322 Sierra Madre Blvd
Sierra Madre, CA 91024
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bar
Building Size
2,946 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.36 AC
Zoning
C1CC, Sierra Madre
Parking
27 Spaces (9.16 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

ABOUT 322 SIERRA MADRE BLVD , SIERRA MADRE, CA 91024

This one of a kind restaurant in the heart of Sierra Madre is sold with the property. Free standing building and is one of the largest restaurants in the city. Has a type 47 liquor license, a 58 type catering license, a large bar and a nice patio. Building size is 2,964 SF; lot size is 15,516 SF with 24 parking spaces on site. Totally remodeled in 2016 (over $200,000) New decoration, equipment, counters, plumbing, electrical wiring and panels, new 3 A/C units, new roof, kitchen drainage system, 4 POs system, storage areas and much more. It seats 85 patrons inside and 24 outside in a nice patio. Has a large bar with stools, skylights, 2 large bathrooms (men and women), handicap access and a security system with motion lights. Serving American food and opens for breakfast, lunch and dinner. Its inviting atmosphere and friendly service make it a comfort zone where customers can enjoy listening to live bands 2 nights a week and enjoy a fantastic dinner experience. Business opened a year and a half ago with a new menu and management. Currently the annual gross sales are $1,200,000 net income $248,000 and the business is growing by the day. This is a rare opportunity with close proximity to Pasadena, Arcadia, Monrovia, and Rosemead and has an easy access to the 210 freeway. It can be converted to any type of cuisine or a franchise. Property and business are sold together. Seller is motivated and wants to retire.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5768-020-023
  • 5768-020-022
  • 5768-020-020
  • 5768-020-021
Land Assessment
$1,346,270
Improvements Assessment
$293,046
Total Assessment
$1,639,316
  • Listing ID: 15189510

  • Date on Market: 2/15/2019

  • Last Updated:

  • Address: 322 Sierra Madre Blvd, Sierra Madre, CA 91024

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