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Michelle Esquivel
michelle@michellehomesellingteam.com$ 7,775,000
Est. payment | /mo
0.4 Acres Lot
$ 7,775,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24179103
HOA Y/N No
Year Built 1988
Lot Size 0.403 Acres
Property Description
Terrific and well maintained multii-use commercial property located on prime HOLT AVE. with high density traffic and exposure. POSSIBLE ZONING FOR MARIJUANA FACILITY. The TWO BUILDING property (over 5,687 sq ft) offers a FREE STANDING RESTAURANT W/DRIVE THRU (Ginza Bowl), and 4-5 private businesses ranging from a barber shop, insurance agency, beauty salon, and two vacant units used for storage. Lot size is 17,538 sq ft w/ample parking for all businesses/customers. Seller checked with city and this is A PRIME OPPORTUNITY TO ESTABLISH A MEDICAL MARIJUANA DISPENSARY. Unit Statistics: 1495 HOLT Restaurant is @2087 sq ft, pays $4,400/month and lease ends 2028. 1485 HOLT Barber Shop is @ 1200 sqft, pays $1,600/month and lease ends Feb 2025, 1481 HOLT Insurance Company is @600 sq ft, pays $900/month, and is month-to-month, 1483 HOLT Beauty Salon is @600 sq ft, pays $850/month and is month-to-month. 1489-1491 HOLT are two Vacant units totalling 1,200 sq ft currently used as storage by owner. Owner Monthly Expenes: $213 Insurance, $150 water/sewer, $200 electricity for commons areas and parking lot, $200 Gardener. SELLER RECENT IMPROVEMENTS: Newer elastomeric roof coating for both buildings, new two unit Carrier a/c for 1200 sq ft barber shop, new water heater for restaurant, new LED Solar parking lot lighting, and new exterior paint thru out. FIXED ASSETS OF RESTAURANT: walk-in refrigerator walk-in freezer, grill, deep fryer, char broiler, state of the art hood/exhaust fan, globe meat and vegetable slicing machine, and Ice machine *******Offer subject to interior inspection. Please do not disturb tenants. Offer subject to interior inspection.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 8357017078
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Richard Furstenberg • Furstenberg Realty • 909-973-5959
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA