1509 Mateo St - Retail FOR SALE


Los Angeles, CA 90021
$3,150,000 USD
213-277-7247
1509 Mateo St, Los Angeles, CA for Sale
$3,150,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

1509 Mateo St
Los Angeles, CA 90021


HIGHLIGHTS

  • Extensive improvements in place
  • New MEP
  • CUB for Private Club with full liquor and entertainment
  • Vacated alley
  • Fully built out kitchen with hood

OVERVIEW

Urbanlime Real Estate is pleased to present the opportunity to purchase the fee simple interest at 1509 Mateo St in Los Angeles, CA. The property at 1509 Mateo St is located just south of the Arts District. The building’s use was recently modified to allow for a private club on the ground floor with a CUB allowing for onsite consumption of a full one of alcoholic beverages from 5pm to 2 am daily and a cafe and entertainment permit* along with an office on 2nd floor. Significant improvements have been completed at 1509 Mateo St including the full build out of a commercial kitchen and bar on the 1st floor comprising of 2,513 sf and a beautiful creative space with bathroom and kitchenette on the second floor. The sale includes a Type 47 full liquor license valued at $125,000.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$676 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1509 Mateo St - Permit for Private Club

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M3

APN/PARCEL ID

5167-001-043

ASK ABOUT THIS PROPERTY

Lorena Tomb ReedUrbanlime Real EstateMore Info
213-277-7247

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Lorena Tomb ReedUrbanlime Real EstateMore Info
213-277-7247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.