523 Rose Ave | Venice, CA 90291
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- LoopNet Team
523 Rose Ave
Venice, CA 90291
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,230 SF
Building Class
C
Year Built
1956
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.07 AC
Zoning
LAC4 - Commercial
Parking
4 Spaces (3.25 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
ABOUT 523 ROSE AVE , VENICE, CA 90291
Rose Avenue Property on the market. Remarkable opportunity to own a commercial restaurant building on iconic Rose Avenue in Venice. Excellent Tenant, Bluestone Lane Cafe, with a single net lease. They have a 7-year lease until June 30, 2025. The Tenant does not pay the property taxes on the property, but is responsible for all other expenses in the building. Tenant has completely redone the space. Tenant pays 100% of the common area operating expenses.
PROPERTY TAXES
| Parcel Number | 4240-005-003 | Improvements Assessment | $368,690 |
| Land Assessment | $1,941,571 | Total Assessment | $2,310,261 |
PROPERTY TAXES
Parcel Number
4240-005-003
Land Assessment
$1,941,571
Improvements Assessment
$368,690
Total Assessment
$2,310,261
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