2647 Mission Street
San Marino,
CA
91108
Property Details
| List Price: |
$4,899,500 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
4500 |
| Agency: |
TRG Realestate Group, Inc. |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Commercial |
| Year Built: |
1927 |
| Notes: |
OWNER WILL CARRY 1TD FOR 3-5 YEARS WITH SUBSTANTIAL DOWN PAYMENT!! Trophy single tenant net leased investment in super upscale San Marino, the iconic gourmet restaurant/market business, has been known for 36 years as Julienne. The Spanish colonial architecture and sidewalk eating area patio and ultra elegant interior are a true "pride-of ownership" asset. This proven location, a familiar site to locals and celebrities alike, has scaled back the menu to focus more on prepared dishes, frozen entrees for take-out, boutique wines, homemade sweets, and gifts, yet remains an exceptionally strong viable business regardless of the pandemic. The long standing restaurant/market location is unique in walking distance from the dense residential area, as well as providing substantial parking in and around Mission Street. Quite simply, there is no seriously competitive iconic proximity for business in the small upscale downtown San Marino. The existing lease is structured as NNN with the exception of face/exterior walls and roof, This is truly a singular exceptional property which represent an amazing generational investment. Tenant has recently executed option to extend lease to July 2027. |
| MlsNumber: |
SB21224209 |
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| Listing Provided By: |
TRG Realestate Group, Inc., original listing |
| Name: |
TRG Realestate Group, Inc. |
| Phone: |
(310) 540-0072 |
| Office Name: |
The Realestate Group |
| Office Phone: |
(310) 540-0072 |
| Agent Name: |
Jim Menton |
| Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
