Active
1804 N Placentia Avenue A
Placentia CA, 92870
$350,000
$130.11 per sqft
Active
2,690 sqft
Commercial
Listed by ARTHUR HUANG with Pinnacle Real Estate Group 626-888-9808
Restaurant Asset Sale!!! This is a rare find opportunity in the city of Placentia. Restaurant was built in Feb 2023. Convenient location, Great location, Money Making location in Placentia which is adjacent to the city of Fullerton and close to 57 FWY. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and traffic. Anchor tenants include Crunch Fitness, Dollar Tree, Grocery Outlet etc. 2,690 sq.ft spaces with 91 seat capacities, two restrooms, huge kitchen service area (1,043 sq.ft.), and a 24' hood. Type 41 Beer&Wine license is included in the sales. Sale includes all FF&E. City/County/ABC permits and licenses are up to day. This is a truly unique opportunity to step into a steady and busy turn-key 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 is not included in the sale. Call today for more information.
Business Highlights:
*Established since 2023
*Intersections of N Placentia Ave & W Bastanchury Road
*Lease expiration Jan 2033 with one 10 years option, Annual Increase 3%
*Current Lease Rate: $6,725/month, CAM: $1,066/month
*Grease interceptor, Walk-in cooler & freezer, 24' Hood
*Huge Kitchen and Service Area, 1,043 sq.ft
*Open Ceiling, Bright Natural Light Inside & Out, Huge plaza parking lot
*91 Seat Capacities, 2 Restrooms, Type 41 Beer&Wine license
*Asset Sale. Trade name is not included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.
WS24038674
MLSⓇ ID
February 25, 2024
Listed
March 29, 2024
Updated
Map
1804 N Placentia Avenue A
Placentia CA, 92870
Other Property Details
Area Name
84 - Placentia
Days on Market
32
Garage
No
View
No
County
Orange
Pool
No
Buyer Agency Compensation
4%
Listing History
Date | Event | Price |
---|---|---|
3/29/2024 | Price Change | $350,000 -23% |
Listing Contact: 626-888-9808
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/29/2024. 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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/29/2024 at 3:10 AM UTC