Jeremiah Moersch REALTOR®
Office: 760-533-2540
99 Lake Avenue # 102, Pasadena
$100,000
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0 Bed
0 Bath
0 Acre
0 Garage
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.
Essential Information
- MLS® #
- WS23183658
- Price
- $100,000
- Bathrooms
- 0.00
- Acres
- 0.00
- Type
- Business Opportunity
- Status
- Active
Community Information
- Address
- 99 Lake Avenue # 102
- Area
- 699 - Not Defined
- City
- Pasadena
- County
- Los Angeles
- Zip Code
- 91011
- Senior Community
- N
Additional Information
- Date Listed
- October 2nd, 2023
- Days on Market
- 219
Listing Details
- Agent
- Arthur Huang
- Office
- Pinnacle Real Estate Group
Property History
Price Reduced from $150,000 to $100,000
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 12:30pm 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.