20 Union # 110, Pasadena

$50,000

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0 Bed
0 Bath
0 Acre
0 Garage

Presently an upscale tea beverage shop in PRIME Old Town Pasadena. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in 2020 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 200k plus over 40k equipment included in the asking price. The existing lease has a base rent of $4,799.01 per month + approx. $1100 NNN with 3% increase annually. This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business and tap into the old town Pasadena area.

Essential Information

MLS® #
AR24004849
Price
$50,000
Bathrooms
0.00
Acres
0.00
Type
Business Opportunity
Status
Active

Community Information

Address
20 Union # 110
Area
645 - Pasadena (NW)
City
Pasadena
County
Los Angeles
Zip Code
91103
Senior Community
N

Additional Information

Date Listed
January 9th, 2024
Days on Market
111

Listing Details

Agent
Bao Han
Office
Urban Realty Group
Property History
Price Reduced from $80,000 to $50,000
Price Reduced from $120,000 to $80,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Bao Han - Urban Realty Group

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 5:40am PDT. 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.