950 Colorado BlvdPasadena, CA 91106
- Other investment properties
Property Details for 950 Colorado Blvd
- Property type
- Other investment properties
- Property subtype
- Investment properties
Description
This thriving Venezuelan restaurant, located at 950 Colorado Boulevard Unit 103 in Pasadena, CA, presents a unique business acquisition opportunity. Boasting a prime location near the renowned Rose Parade route, this well-established eatery has operated successfully for over eight years, building a loyal customer base drawn to its exquisite cuisine and alcoholic beverages. The 1200 square foot space features a fully remodeled interior and attractive outdoor seating, complemented by convenient free parking directly behind the building. A Type 41 Liquor License is included in the sale price of $162,500. The current lease extends to October 2027, with a five-year option available. Monthly rent is $7300, inclusive of NNN charges. The kitchen is exceptionally clean and well-equipped, featuring an electric cooking griddle, freezer, and display refrigerator, making for a seamless transition for a new owner. The sale includes all existing restaurant equipment. Please note that the landlord has restrictions on the type of restaurant that can operate in this plaza
Location Insight
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Latitude
- 34.1455
- Longitude
- -118.131
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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