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$ 5,400,000
Est. payment /mo
Active
2647 Mission San Marino, CA 91108
6,015 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26042596
HOA Y/N No
Year Built 1927
Lot Size 6,015 Sqft
Property Sub-Type Business
Property Description
Trophy Single Tenant net leased investment in super upscale San Marino, Pasadena's finest suburban location. The iconic gourmet restaurant/market business has been known for 40 years as Julienne. The Spanish colonial architecture sidewalk patio eating area and ultra elegant interior are a true pride of ownership asset. The proven location, a familiar site to locals and many celebrities alike (think athletes nearby); the emphasis has shifted to boutique prepared meals, fine wines, exotic and extensive deserts and gifts, adding substantial tenant income. The long coveted location is unique in walking distance from a dense high income residential area, as well as providing substantial area street parking in and around the Mission Street corridor. Simply there is no competitive large location proximate. The existing lease is NNN. Tenant has option to remain through 2031 including large annual rent increases.
Location
State CA
County Los Angeles
Area 655 - San Marino
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5325007006
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Jim Menton The Realestate Group 310-429-3235, DRE #00582209
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