Melrose Bar with Type 47 license

#1031
Area: Melrose
Asking Price:$200,000
Base Rent: $7,160/mo
NNN: $1,167/mo
Lease Term: Until April 2030
Size: 1,790 sq. ft.
Rent Increase: 3%
Security Deposit: $9,968
Business Established: 2024
Seating Capacity: 49
Liquor License: Type 47
Parking: Street Parking
Reason for Selling: Divestment

Introducing an exceptional asset sale opportunity for savvy investors looking to capitalize on a prime location in a trendy neighborhood of Los Angeles. This sale includes a coveted Type 47 license, offering significant advantages for those in the hospitality industry. The property features a fully equipped kitchen with a 12’4 hood, an efficient office area, and an inviting layout that fosters a vibrant atmosphere. Strategically situated on a main street with high foot traffic and walkability, this establishment benefits from its proximity to an array of popular restaurants and retail shops, ensuring a steady stream of potential customers. Take advantage of this unique opportunity to acquire valuable assets in a bustling community and elevate your business aspirations!