Description
Executive Summary
The subject property offers a full floor residential flat, which is currently leased. The ground floor commercial space is a fully operational cocktail bar with an ABC Type 48 liquor license which will be delivered vacant at closing. The bar has a full basement built out for back-of-house operations and storage. Additionally, there are two garage parking spaces. One space is leased to the residential tenant and one is vacant.
The building has gone through a seismic retrofit and major renovations making this property a turnkey operation.
*The residential lease term goes through 5/31/2026 at $5,700 per month.
**The residential tenant garage lease is month to month at $250 per month.
***The second garage space is leased through 4/30/2026 at $375 per month. ***Please note that the ABC liquor license will be sold in a separate escrow transaction as part of the total sale price.
Building Attributes
- Hard Corner Location
- Full Floor Residential Flat
- 2 Car Garage
- Washer / Dryer In Residential Unit
- Large Signage
- ADA Compliant Entrance
- ADA Compliant Restroom
- Walk In Refrigerator
- Full Basement For Bar Back Of House
- Employee Restroom (Basement)
