33 Main StAlhambra, CA 91801

Property Details for 33 Main St

Year built

1908

Construction

TILT-UP CONCRETE

Lot size

0.08 AC

Property size (Sq ft)

3,225 SF

Zone code

ALCBD/DRD*

Property type

Retail properties

Property subtype

Turn key restaurants

APN

5337-019-003

APU

5337019003

Description

This exceptional business opportunity presents the chance to acquire a well-established restaurant located at 33 W Main St in the vibrant city of Alhambra, California. The property is offered at $180,000 and represents a turnkey operation ready for a new owner. The current business, Hop Pot restaurant, enjoys a prime location within a high-traffic area, ensuring consistent customer flow. While the exact square footage is not currently available, the property's location within a bustling commercial district suggests significant potential for growth and profitability. The sale includes the established restaurant business, its existing equipment, and its current operational infrastructure. This is an ideal opportunity for an experienced restaurateur looking to expand their portfolio or for a first-time buyer seeking a proven business model in a desirable market. Serious inquiries only. Please note that direct contact with the current tenant is strictly prohibited to avoid disruption to their operations. All inquiries should be directed through the appropriate channels. Financial details and further information regarding the business's performance and assets are available upon request and subject to a non-disclosure agreement. This is a rare chance to own a thriving restaurant in a prime Alhambra location. Don't miss this opportunity to own a piece of Alhambra's culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $1,270,326

  6.5%

  $1,172,608

  7%

  $1,088,851

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,538,996

  Geo Method

  $1,545,430

• Alternative Use

  Use

  Valuation

  Residential

  $989,139

  Hospitality

  $906,046

  Educational

  $753,820

  Medical

  $779,745

  Retail

  $1,172,608

Location Insight

City

Alhambra

County

Los Angeles

State

California

Latitude

34.0951

Longitude

-118.128

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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