Active
2647 Mission Street
San Marino CA, 91108
$4,899,500
$1,088.78 per sqft
Active
4,500 sqft
Commercial
Built in 1927
Listed by Jim Menton with The Realestate Group 310-540-0072
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.
SB21224209
MLSⓇ ID
October 10, 2021
Listed
March 28, 2024
Updated
Map
2647 Mission Street
San Marino CA, 91108
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
0-1 Unit/Acre
Other Property Details
Area Name
655 - San Marino
Days on Market
896
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
SOC
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
9/29/2023 | Price Change | $4,899,500 -2% |
Listing Contact: 310-540-0072
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:33 PM UTC