Type 48 Liquor Bar Business & Real Estate Torrance Blvd and Sartori Ave

Investment Highlights

Unique opportunity to acquire the real estate, profitable business, fixtures, inventory, & equipment in the sale. Situated in a dense South Bay City featuring approximately 144,430 people with an average household income of $94,781. The subject property has a CUP that allows the sale of liquor with their Type 48 License and can be open until 2:00AM. Join an up-and-coming downtown district in the heart of one of the densest cities in the South Bay. Recently renovated offering a seamless transition from the front and back bars to the 2,500 SF patio, utilizing sleek sliding glass doors and windows. Walker's Paradise (95).

Executive Summary

Fantastic owner-user bar/restaurant opportunity in Torrance! Business has a rare Type 48 liquor license. Well-located freestanding building consisting of a 3,932 SF with a large 2,500 SF patio on a 7,524 SF lot (0.17 ACRES). This is a unique opportunity because the real estate, profitable business, fixtures, inventory, & equipment will all be included in the sale. The subject property is located in the Downtown Torrance District, which is experiencing its own renaissance with the city?s Downtown Revitalization and Connectivity Plan. Downtown Torrance is a place where residents, employees, and visitors can live, work, and play in a vibrant, active, and walkable environment. Here, local businesses can thrive in the midst of new dining, shopping, housing, and recreation. The Greater Downtown will celebrate its history. Its streets and public spaces will be well maintained and programmed with events, and it will be a welcoming, safe, and inclusive environment for all. There are many lively dining establishments, retailers, and neighborhood service tenants in the area. Old Town Torrance is an up-and-coming downtown district in the heart of one of the densest cities in the South Bay.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bar Freestanding
• Building Size    3,932
• Building Class    B
• Year Built/Renovated    1941/2014
• Price    3,675,000
• Price Per SF    935
• Tenancy    Single
• Building Height    1 Story
• Slab To Slab    10?
• Building FAR    0.52
• Land Acres    0.17 AC