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Listed by Jack Cheng • JC Pacific Corp
$ 1,350,000
Est. payment | /mo
$ 1,350,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-26107400
Year Built 1960
Property Sub-Type Business
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rarely does a property combine immediate income potential with this level of long-term development upside. Located in the heart of Montebello's bustling downtown core, this fully operating & freestanding restaurant is now available for sale & it's an opportunity serious investors won't want to overlook. Positioned on one of the area's highest foot-traffic corridors, this property benefits from exceptional visibility and daily exposure to a strong volume of pedestrian and vehicular traffic. The freestanding structure offers full autonomy with no shared walls, no strata fees & no compromise. The interior 1,500 sqft, turn-key and fully operational, is equipped with a complete commercial kitchen and professional hood system. Sitting on an expansive 11,777 sqft lot, this property includes a spacious parking area with 20 dedicated spaces, an exceptionally rare feature for a downtown commercial asset. The oversized lot not only supports the current use but opens the door to future expansion and redevelopment. Designated commerical C-2, this property supports a broad range of commercial uses and mixed-use development. Subject to city confirmation, this lot may accommodate the construction of up to 10 residential units. All buyers are encouraged to perform their own due diligence regarding zoning and development permissions.
Location
State CA
County Los Angeles
Area 674 - Montebello
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre