Slay Hermosa 2608 Hermosa Ave

2608 Hermosa Ave , Hermosa Beach, California, 90254 | 1,940 sq.f | $ 3,000,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Rare Beachfront Retail for Sale ? The building is one of the most well-known freestanding restaurant buildings in Hermosa Beach. FF&E Available ? The Subject Property can be purchased with the existing furniture, fixtures, and kitchen equipment, or can be delivered fully vacant. Transferable Beer and Wine License ? Subject Property currently has a beer/wine license and other permits in place that can be transferred to buyer. Turnkey 2nd Generation Restaurant Space ? Once in a lifetime opportunity for an owner-user looking to own and operate a turnkey restaurant space. Attractive Dining Layout ? Subject Property benefits from several dining areas, including the highly desirable rooftop patio with ocean views. Recent Capital Improvements ? The exterior and interior of the Subject Property has recently received significant capital improvements.

Executive Summary

Rare Beachfront Retail - Turnkey 2nd Generation Restaurant

Property Details

  • Sale Type    Owner User
  • Sale Condition    1031 Exchange
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
  • Building Size    1,940
  • Building Class    C
  • Year Built/Renovated    1926/2023
  • Price    3,000,000
  • Price Per SF    1,546
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    0.91
  • Land Acres    0.05 AC

Amenities

  • Corner Lot
  • Restaurant
  • Balcony

Nearby Amenities & Transportation

Retail Chase Bank
Retail Panda Express
Retail U.S. Bank
Retail The Habit Burger Grill
Retail Vons
Retail Starbucks
Retail 24 Hour Fitness
Retail Peet's Coffee
Retail Hennessey's Taverns
Retail Lemonade

Property Taxes

Parcel Number 4181-025-029 Improvements Assessment $553,519
Land Assessment $290,863 Total Assessment $844,382
Date Created: 2024-07-16 04:09:21 Last Updated: 2024-07-16 04:09:21
Address: 2608 Hermosa Ave , Hermosa Beach, California, 90254