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HUGE Price Improvement! Here lies is a long-standing cafe/sandwich shop that boasts a long, 40 year history of creating delectable pastries, breads, sandwiches, drinks, and desserts that have won the hearts (and taste buds) of generations. Owners have a special pride that they would now like to pass along to a new owner to take the cafe to new levels. The location has beautiful frontage and visibility with its bright colors and ample patio seating which really makes for a comfortable dining experience. There is tons of potential for the new owner to cater events, host events, convert to a different restaurant concept, deliver with Uber, GrubHub, Postmates, etc. upgrade license privileges with a Beer and Wine license, and so much more! This location has low rent (3192) and rent will be the same for 10 years with a possible option to extend!Drive by/dine only. Signed NDA required for financials.
Property Type(s):
Commercial
| Last Updated | 10/6/2024 | Year Built | 1958 |
|---|---|---|---|
| Community | Lunada Bay/Margate | County | Los Angeles |
Price History
| Prior to May 29, '24 | $350,000 |
|---|---|
| May 29, '24 - May 29, '24 | $325,000 |
| May 29, '24 - Jun 1, '24 | $324,999 |
| Jun 1, '24 - Jun 2, '24 | $299,000 |
| Jun 2, '24 - Jun 19, '24 | $295,000 |
| Jun 19, '24 - Jul 12, '24 | $250,000 |
| Jul 12, '24 - Oct 5, '24 | $200,000 |
| Oct 5, '24 - Oct 6, '24 | $250,000 |
| Oct 6, '24 - Today | $225,000 |
Additional Details
| AREA | Lunada Bay/Margate |
|---|---|
| LOT | 8994 sq ft |
Location
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Listed with David Franklin, Broker
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