2647 Mission Street San Marino, CA 91108

4,500 Sqft
6,012 Sqft lot
0.14 Acre lot
Status: Active
Property Type: Retail
Year Built: 1927
Days on Website: 310

Property listed by The Realestate Group, Jim Menton. IDX Contact: 310-540-0072

Description

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.

Open House

Property Details and Features

  • 1 total stories
  • Built in 1927
  • 4500 total building sqft
  • Gross Scheduled Income: 207860
  • Net Operating Income: 207860
  • Listing ID: SB21224209
  • Property Subtype: Retail
  • 292 days on market
  • Listed on 2021-10-10
  • County: Los Angeles
  • 6012 sqft
  • 0.138 acres
  • Area: 6012
  • Dimensions: 60 x 100
  • 0-1 Unit/Acre
  • Restaurant
  • Single building
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected