337 Pier Ave., Hermosa Beach, CA 90254

$245,000
1,900
SqFt
List Price
$245,000
Status
ACTIVE
MLS#
SB19151583
Year Built
1946
Living Sq. Ft
1,900
Lot Size
3,500
Acres
0.0803
Days on Market
23
Property Type
Investment

Property Description

Turn key beach side restaurant located in the central commercial corridor of Hermosa Beach on Pier Ave. within three blocks of the beach. The property is surrounded by high end residential developments and flourishing boutique stores, professional offices and restaurants. A beach community known for it's multiple events throughout the year celebrating the lifestyle of living at the beach from surfing contest, volleyball tournaments, festivals, concerts and movies on the beach. The 1,900 sf restaurant is fully furnished with seating for 79, a well equipped kitchen, upgraded plumbing, electrical and gas lines as well as two ADA approved bathrooms. There is a CUP in place for a beer and wine license along with all the local agency approvals for a restaurant. The lease is approximately 8 yrs with a base rent $7,500 NNN and a 5 yr. option to renew. Net fees are $780 p/m and there is a landlord food allowance for $750 p/m. Easy access - please call listing agent for details.

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Listing courtesy of Michael Talbot from RE/MAX Estate Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.