This rare opportunity offers a fully equipped bar or restaurant space in a central, densely populated area. Located in the vibrant heart of Downtown Los Angeles, this property sits in the Historic Theater District near the Fashion District, Convention Center, and FIDM. Positioned on Broadway, this prime space benefits from proximity to globally recognized companies, top-tier amenities, and thousands of residents living in nearby high-rise buildings with higher household incomes.
Downtown Los Angeles boasts a population of over 95,000 residents within one mile radius, with continuous growth driving demand for dining and entertainment. The property offers approximately 9,000 square feet of space, including a 5,800-square-foot ground floor, a 1,500-square-foot mezzanine, and a 3,000-square-foot basement.
A Type 47 Alcoholic Beverage License is available for purchase, enabling the sale of beer, wine, and distilled spirits for on-premises consumption with meals. The license requires a fully operational kitchen that regularly serves meals. Prospective tenants must conduct due diligence on this license, which will be sold separately.
Originally an early 20th-century bank, this historic building has been converted into a restaurant space that combines unique character with modern functionality. The space, designed for restaurant use, eliminates many upfront costs and offers immediate functionality.
The ground floor features 23-foot-high ceilings, central air conditioning, sprinklers, and exposed ceilings. Its open layout accommodates tables, events, and creative dining concepts. A striking 60-foot-long bar enhances the space, and the mezzanine offers flexibility with a second bar and a dancing area. Floor-to-ceiling glass windows along the 55-foot frontage provide maximum visibility and natural sunlight.
Outdoor dining adds another layer of appeal, with a 600-square-foot patio enclosed by an ornate steel fence, creating an inviting space for patrons. The property also includes a fully equipped kitchen with walk-in refrigerators, a ventilation system with grease filters, an order window, two restrooms, and two private back offices for administrative use.
This iconic building stands out for its historic architecture, prominent frontage, and unparalleled signage opportunities. Valet parking is available through an agreement with a nearby parking structure, ensuring convenience for guests. Located at the bustling corner of 8th Street and Broadway, the property enjoys heavy foot traffic, exceptional demographics, and a dense workforce.
Join notable neighbors like the Apple DTLA flagship store, Starbucks, Adidas, and more, and establish your business in a thriving hub of residential, office, and retail developments.
Contact us today for more details or to schedule a tour at 323-327-3686.
