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Monterey, CA 93940
  • $360,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: ML81901932
UPDATED: 36 min ago
$360,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,461
    SQFT
  • $146
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

Highly successful restaurant with up to 5 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $200,000 pre- and post-pandemic. Established in 2015 this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-12-01T07:50:14.033. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary Clark Team | Intero Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
www.maryclark.com/homes/131367088
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Monterey, CA 93940

  • Price: $360,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 36 min ago
  • ID#: ML81901932
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,461
SQFT
$146
$/SQFT
County:
Monterey
Property Description
Highly successful restaurant with up to 5 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $200,000 pre- and post-pandemic. Established in 2015 this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.
Exterior Features

Garage Parking Off-Site Parking Lot Description Grade - LevelGround FloorRegularSubdividedZero Lot Line Parking Spaces 0 Roof Flat / Low PitchRolled Composition Yard Grounds Low Maintenance

Interior Features

Cooling None Flooring ConcreteVinyl / Linoleum Heating Central Forced AirCentral Forced Air - Gas

Property Features

Accessibility Features Bathroom FeaturesKitchen FeaturesWide Halls / Doors (3 Ft +) Additional Listing Info Not Applicable Amenities High Ceiling Business Name Not Disclosed Business Type Restaurant City Limits Yes City Name Monterey Communications Other Cross Street W Franklin Facilities KitchenRefrigerationRestrooms-PublicStorage - Additional Incorporated Yes Security Features Fire AlarmFire System - SuppressionSecurity AlarmSecurity Building Sewer Septic Sewer - PublicSewer Connected Sq Ft Source Other Utilities Garbage CollectionIndividual Electric MetersIndividual Gas MetersPublic Utilities Water Individual Water MeterPublic Zoning Commercial Buildings 5B

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Michael Zabrycki of Michael Zabrycki, Broker: 832-628-2206.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-12-01T07:50:14.033. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary Clark Team | Intero Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
 
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Mary Clark Team | Intero Real Estate
518 N Santa Cruz Ave
Los Gatos CA, 95030