$4,899,500
2647 Mission Street, San Marino 91108
6,012
Lot Size
Listing Agent
Jim Menton - The Realestate GroupOWNER 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.
Facts & Features
MLS® # | SB21224209 |
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Price | $4,899,500 |
Bathrooms | 0.00 |
Lot Size | 6,012 |
Year Built | 1927 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 2647 Mission Street |
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Area | 655 - San Marino |
City | San Marino |
County | Los Angeles |
Zip Code | 91108 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
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Is Waterfront | No |
Has Pool | No |
Interior
Has Basement | No |
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Fireplace | No |
# of Stories | 1 |
Exterior
Lot Description | 0-1 Unit/Acre |
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Additional Information
Date Listed | October 10th, 2021 |
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Days on Market | 923 |
Zoning | SOC |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Jim Menton |
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Office | The Realestate Group |