Sold
Closed
99 S Lake Avenue 102
Pasadena CA, 91011
$70,000
$58.77 per sqft
Sold
Closed
1,191 sqft
Commercial
Listed by ARTHUR HUANG with Pinnacle Real Estate Group 626-833-1085
This quick service restaurant is a rare find opportunity in the city of Pasadena. Convenient location, Great location, Money Making location on the famous Lake Ave where is close to Green Street and Colorado Blvd. The location currently offers an eclectic menu with unique Poke and Tea 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 street parking and foot traffic. 1191 sq.ft spaces with 30 max seat capacities. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key quick service restaurant business 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: Pokemix by Flour+Tea, Established since 2020
*Intersections of Lake Ave & Green Street
*Lease expiration is May 2026, Annual Rent Increase 3%
*Current Lease Rate: $5,249.93/month, CAM: $916.98/month
*30 Max Seat Capacities
*2 Full Time Employees, Monthly Gross: $28,000
*Trade name may be included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.
WS23183658
MLSⓇ ID
October 2, 2023
Listed
August 30, 2024
Updated
Map
99 S Lake Avenue 102
Pasadena CA, 91011
Other Property Details
Area Name
699 - Not Defined
Days on Market
296
Garage
No
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/27/2024 | Sold | $70,000 |
7/26/2024 | Pending | — |
7/22/2024 | Active | — |
6/18/2024 | Under contract | — |
11/30/2023 | Price change | $100,000 -34% |
Listing Contact: 626-888-9808
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 8:22 PM UTC