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$4,625,000
4,500 Sqft
6,012 Sqft lot

2647 Mission Street, San Marino, California 91108

  • Commercial Sale Property Type
  • 950 Days Time on market
  • $1,028 Price per sqft
  • 1927 Year Built
Property Description

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.

Basic Details
Commercial Sale
Buy
SB21224209
$4,625,000
4,500 Sqft
1927
6,012 Sqft
Active
Retail
Features
$0
Address
CA
Los Angeles
San Marino
91108
2647 Mission Street
2647
Street
0
W119° 51' 46.5''
N34° 6' 58.8''
Additional Information
950
1
4,500 Sqft
0 Sqft
0 Sqft
: Assessor
0.14 Sqft
6,012 Sqft
0 Sqft
SOC
5325007006
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
10/10/2021 15:29:26
$4,899,500
: Standard
Cash,CashtoNewLoan,1031 Exchange
Mission near Molina
Destrahan
Harry Hurst
The Realestate Group
Jim Menton
S5747
SMENTJIM
Julienne
$0
946
1
: Item01unitacre
60 x 100
: Electricity Connected, Natural Gas Connected, Water Connected, Phone Connected, Sewer Connected
1
: Square Feet
: Square Feet
1
1
US-06037-N-5325007006-R-N
Retail
08/12/2021 04:03:13
Mission
655 - San Marino
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