$2,675,000
$2,850,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
5,114 SqFt
SOLD DATE : 01/12/2022
Key Details
Sold Price $2,675,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,114 sqft
Price per Sqft $523
MLS Listing ID SR21104856
Sold Date 01/12/22
HOA Y/N No
Lot Size 0.577 Acres
Acres 0.577
Property Description
Opportunities Are Endless! The building and land, along with business fixtures and goodwill are all included. There is 150ft of frontage on Huntington Dr, a thoroughfare in Monrovia; 33 onsite parking spaces & ample street parking; zoned C2 allowing for a variety of commercial use; and a separate building that includes five storage garages at the rear of the property. The possibilities are huge..... expansion of the current business or shared culinary space, school, or even just additional income for storage use. This is a prime location with short distance to the Goldline and 210 freeway, along with Monrovia’s Old Town and over 1000 hotel rooms within close proximity. This well known and family favorite Italian restaurant in Monrovia, Domenicos‘s Restaurant, has been successfully operated for over 13 years with current owner who is now ready to retire. The prior original owner had successfully operated the business for over 16 years before selling to the current owner. At any given lunch or dinner service you can stop in to see loyal, regular customers who enjoy the food, personal attention, and quality service that Domenico’s has been built on. There are 2 liquor licenses in good standing included in the sale.1 is for traveling/catering. Comfortably seats 200+ guests Restaurant is still open!!!Please do not approach or discuss the sale with employees or customers.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning C2
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Fireplace No
Laundry Laundry Room
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Building
Lot Description 0-1 Unit/Acre, Paved, Street Level
Water Public
Others
Tax ID 8508001071
Security Features Security System,Fire Sprinkler System,Security Lights
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Alfredo Mejia • Goldline Realty