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INVESTMENT HIGHLIGHTS
- Current owner Famous Chef.
- It is ready to go and with minimal adjustment to make it your own.
- Leasing is an option for the right client.
- Property has Beer & Wine License.
- Quality dining experience
EXECUTIVE SUMMARY
This is a Turn Key Restaurant opportunity for a Owner/User to buy a fully built out restaurant at the price of leasing. Property has Beer & Wine License.
Use what you would have paid for build out as your down payment.
The demand for quality dining experience is so deep in Northeast Pasadena and Altadena the Chef/Owner ran a successful restaurant for a decade without ever putting up signage. If you buy it, they will come. Myself included.
As the agent and a serious foodie this listing is personal to me. I love the restaurant and what it means to our community. As soon as I had the sign on the building, residence told me they had already posted it on local blogs. I can confidently state the interior presence is equal to the best restaurants wast of the 5 Freeway.
It is ready to go and with minimal adjustment to make it your own. A creative owner who would explore the posibility of adding a roof top patio would be wise.
Existing Chef will work with buyer to transfer customer base.
Leasing is an option for the right client.
Use what you would have paid for build out as your down payment.
The demand for quality dining experience is so deep in Northeast Pasadena and Altadena the Chef/Owner ran a successful restaurant for a decade without ever putting up signage. If you buy it, they will come. Myself included.
As the agent and a serious foodie this listing is personal to me. I love the restaurant and what it means to our community. As soon as I had the sign on the building, residence told me they had already posted it on local blogs. I can confidently state the interior presence is equal to the best restaurants wast of the 5 Freeway.
It is ready to go and with minimal adjustment to make it your own. A creative owner who would explore the posibility of adding a roof top patio would be wise.
Existing Chef will work with buyer to transfer customer base.
Leasing is an option for the right client.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
C
Year Built
1947
Price
$2,024,084 CAD
Price Per SF
$1,349.39 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.06 AC
Zoning
LCC2 - Commercial
Parking
3 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
29’ on N Allen Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5852-001-034 | Improvements Assessment | $350,663 CAD |
| Land Assessment | $420,795 CAD | Total Assessment | $771,458 CAD |
PROPERTY TAXES
Parcel Number
5852-001-034
Land Assessment
$420,795 CAD
Improvements Assessment
$350,663 CAD
Total Assessment
$771,458 CAD
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1860 N Allen Ave
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