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2647 Mission Street
San Marino CA 91108 US

$4,899,500

Active Listing ID SB21224209
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$4,899,500

Active Listing ID SB21224209
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2647 Mission Street 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4899500
  • unparsedaddress: 2647 Mission Street
  • postalcity: San Marino
  • stateorprovince: CA
  • country: US
  • postalcode: 91108
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 4500
  • livingareaunits: Square Feet
  • listagentfullname: Jim Menton
  • listagentemail: jdmentoniii@gmail.com
  • listagentkey: 3yd-MRMLSCA-SMENTJIM
  • listagentmlsid: SMENTJIM
  • listagentpreferredphone: 3104293235
  • listagentofficephone: 3105400072
  • listofficekey: 3yd-MRMLSCA-S5747
  • listagentstatelicense: 00582209
  • listofficemlsid: S5747
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1927
  • listingcontractdate: 2021-10-10
  • listagenturl: http://trgrealestate.com
  • countyorparish: Los Angeles
  • parcelnumber: 5325007006
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:40:41 PM GMT
Source Updated Date: 4/30/2024 6:49:39 AM GMT

Courtesy of: Jim Menton, The Realestate Group, jdmentoniii@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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