2647 Mission Street, San Marino, CA 91108

$5,495,000
List Price
$5,495,000
Status
ACTIVE
MLS#
SB21224209
Year Built
1927
Lot Size
6,012
Acres
0.14
Lot Location
Item01UnitAcre
Days on Market
6
Property Type
Commercial
Property Sub Type
Retail

Property 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.

Additional Information

Water
Public
Gross Scheduled Income
$207,860

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jim Menton from The Realestate Group

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