99 Lake Avenue #102

Pasadena, CA 91011

$100,000

Listed Price
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bed Beds

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shower Baths

N/A sqft

straighten $83 / sqft

calendar_month Built

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 99 Lake Avenue #102
City Pasadena
State CA
Zip 91011
County Los Angeles
Listing Agent ARTHUR HUANG DRE#01856494
Courtesy Of Pinnacle Real Estate Group
MLS WS23183658
List Price $100,000
Status Active
Type Business
Structure Size N/A
Lot Size N/A
DOM 170

Exterior Information

Maps

Listing information courtesy of: ARTHUR HUANG, Pinnacle Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 19th, 2024 at 10:54 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.