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99 S Lake Avenue , #102

Pasadena, CA 91011
  • $100,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: WS23183658
UPDATED: 99 min ago
$100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-888-9808)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-22T17:33:40.783. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/143991977
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99 S Lake Avenue , #102 Pasadena, CA 91011

  • Price: $100,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 99 min ago
  • ID#: WS23183658
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
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.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Name Pokemix Business Type Fast Food Leasable Area 1191 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Total Actual Rent 6167



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-22T17:33:40.783. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-888-9808)