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Accommodation & Food Services
Professional, Scientific & Technical Services

112 W Channel Rd

Santa Monica, CA, USA
Updated 5 hours ago

URBANLIME Real Estate is pleased to announce the opportunity to purchase a turn-key second-generation bar with an unrestricted ABC Type 48 License in Santa Monica, CA. The unrestricted license allows for the full extent of hours and entertainment. This very rare asset features two full bars, one on the ground floor and one on the second floor. A perfect opportunity for operators looking to expand or to open a new concept.

Rent

$9,628.20 per month

Size

Approximately 2,700 SF (Buyer to Confirm)

Highlights

Second Generation Bar with Unrestricted Type 48 License Rent - $9,628.20 per month 3% Yearly Increases Through Option Period 8 Years Remaining With One 5 Year Option 2 Designated Parking Spaces Size – Approximately 2,700 SF (Buyer to Confirm) Asking - $650,000.00

Financials

Asking Price
$650K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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