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Property Description

OWNER WILL CARRY 1TD FOR 3-5 YEARS WITH SUBSTANTIAL DOWN PAYMENT!! Trophy single tenant net leased investment in super upscale San Marino, the iconic gourmet restaurant/market business, has been known for 36 years as Julienne. The Spanish colonial architecture and sidewalk eating area patio and ultra elegant interior are a true “pride-of ownership” asset. This proven location, a familiar site to locals and celebrities alike, has scaled back the menu to focus more on prepared dishes, frozen entrees for take-out, boutique wines, homemade sweets, and gifts, yet remains an exceptionally strong viable business regardless of the pandemic. The long standing restaurant/market location is unique in walking distance from the dense residential area, as well as providing substantial parking in and around Mission Street. Quite simply, there is no seriously competitive iconic proximity for business in the small upscale downtown San Marino. The existing lease is structured as NNN with the exception of face/exterior walls and roof, This is truly a singular exceptional property which represent an amazing generational investment. Tenant has recently executed option to extend lease to July 2027.

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Additional Information
The Realestate Group
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SMENTJIM
S5747
Jim
5325007006
: Standard

Commercial Sale For Sale

2647 Mission Street, San Marino, California 91108

4,500 Sqft
$4,625,000
Listing ID #SB21224209
Basic Details
Status : Active
DaysOnMarket : 946
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : SB21224209
Price : $4,625,000
Living Area : 4,500 Sqft
Year Built : 1927
Country : US
State : California
County : Los Angeles
City : San Marino
Zipcode : 91108
Price Per Square Foot : $1,028
ModificationTimestamp : 2024-05-13 14:54:59
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