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$195,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25107676
HOA Y/N No
Property Description
An exceptional opportunity to acquire a thriving, well-known hot pot restaurant located in the bustling heart of Monterey Park, California. Situated as a free-standing outparcel in the Deerfield Plaza at the high-traffic intersection of Garvey Ave and Atlantic Blvd, this prime location offers excellent visibility and accessibility. Highlights: • Fully Equipped & Operational Hot Pot Restaurant. • Approx. 3,385 SF Free-standing Building. • Type 41 Alcohol License (Beer & Wine) Included. • Capacity: 120 Guests | 26 Table Seating. • Ample Parking in Shared Plaza Lot. • New Lease Available to Incoming Buyer. • Located in a highly trafficked retail corridor (Daily Traffic on Atlantic Blvd is 39,800 cars. Daily Traffic on Garvey Ave is 23,600 cars). • Surrounded by dense residential neighborhoods and a strong commercial presence. • Within 5 miles: High per capita and average household spending on food and alcohol.
After 20 years of successful operation, the current owner is ready to retire and pass the baton to a new owner/operator. This is a rare chance to step into a fully built-out, turn-key restaurant with an existing customer base and all operational assets included.
After 20 years of successful operation, the current owner is ready to retire and pass the baton to a new owner/operator. This is a rare chance to step into a fully built-out, turn-key restaurant with an existing customer base and all operational assets included.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://youtu.be/8ZIKrq5TVy4
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Listed by JENNIE CHING • KW Executive • 310-779-5376
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