$195,000
For Sale
Listing OfficeDavid Franklin, Broker
Type:Purchase
Structure:Commercial
Zone:Residential

Description

If you're looking for an amazing location to run your restaurant concept in Redondo Beach, look no further! This restaurant is in the heart of the Redondo Beach pier in a heavy foot traffic, bustling location and includes a Beer and Wine Type 41 license! Customers catch the view of the pier with its nice views and wonderful history. The city's future plans include building an aquarium and plans to return the arcade that once had a home on the pier! The city of Redondo Beach owns the location and is a very reasonable landlord.
Rent: $1,917 or 10% of sales, whichever is greater
Lease: 5 year, 3 years left on current lease
Sqft: 950
Vent Hood: Yes
Don't miss out on this opportunity! Interested parties must sign the NDA.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$195,000
  • Other
      • MLS #PW24176005

Location

Pam and Carson Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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