Homes for sale - 500 N Atlantic BLVD #121, Monterey Park, CA 91754 ...

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 130,000

Est. payment -/mo

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Price Dropped by $50K

500 N Atlantic BLVD #121 Monterey Park, CA 91754

1,014 SqFt

UPDATED:

10/29/2024 06:19 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,014 sqft

Price per Sqft $128

MLS Listing ID WS24134659

HOA Y/N No

Property Description

This quick service restaurant is a rare find business opportunity. Convenient location, Great location, Money Making location in the Atlantic Times Square of Monterey Park, right next to AMC Theater. This location is close to 10 & 60 Fwy. Anchor businesses are 24 Hour Fitness, OneZo Boba, Daiso Japan, SunMerry Bakery, Meet Fresh and etc. The restaurant currently offers eclectic menu with unique dessert, coffee tea, ice cream and Korean street food that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking and foot traffic. Kitchen equipped with Ventless Hood. 33 seats capacities with one restroom. City permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information.

Business Highlights:
*Restaurant Name: Street Churros, Established since 2019
*Lease expires July 2026, Annual Rent Increase 3%
*Current Lease Rate: $5,924/month, CAM: $837/month
*33 Max Seat Capacities, 1 Restroom
*1 FT & 6 PT Employees, Annual Gross: $450,000
*Trade name may be included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.

***PLEASE DO NOT DISTURB EMPLOYEES!!! Call today for more information.**

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Confidential INFO

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS PLEASE DO NOT DISTURB EMPLOYEES!!! Employees don't know about the sale. Please text listing agent Arthur, 626-833-1085 or email: arthurhuang1012@gmail.com for a touring appointment.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Arthur Huang

SHOW CONTACT PH 626-833-1085

SHOW INSTRUCTIONS PLEASE DO NOT DISTURB EMPLOYEES!!! Employees don't know about the sale. Please text listing agent Arthur, 626-833-1085 or email: arthurhuang1012@gmail.com for a touring appointment.

Listed by Pinnacle Real Estate Group

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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