16503 Whittier Blvd - Restaurant FOR SALE


Whittier, CA 90603- East La Mirada
$2,995,000 USD
714-928-6171
16503 Whittier Blvd, Whittier, CA for Sale
$2,995,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

16503 Whittier Blvd
Whittier, CA 90603
East La Mirada


OVERVIEW

Hopkins Investment Group, an affiliate of Jake J. Hopkins (Broker), is pleased to present this rare opportunity to purchase a highly sought-after commercial property in Whittier, CA. Located at 16503 Whittier Blvd, this ±4,316-square-foot building has been home to a successful Italian restaurant for over 30 years, making it a cornerstone of the community. Whether you're an owner/user looking to establish or expand your business or an investor seeking a lucrative asset, this property offers unparalleled value and potential. - Prime Location: Situated on bustling Whittier Blvd, offering high visibility, foot traffic, and proximity to established businesses and residential areas. - Turnkey Restaurant Setup: Fully equipped with a large kitchen, pizza oven, and a Type 47 liquor license, making this a turnkey opportunity for restaurant operators. - Type 47 Liquor License: This license allows for the sale of beer, wine, and spirits, a significant revenue driver for any restaurant or bar operation. License sold separately. - Complete Rebuild in 2018: The property was completely rebuilt and renovated in 2018, featuring a new roof, electrical systems, and heating/ventilation systems, ensuring - modern infrastructure and reduced maintenance costs. - ADA Compliant: Fully accessible to all patrons, the property is completely ADA compliant meeting all mandated regulatory standards. - Ample Parking: 27 dedicated parking spaces with a 6.25/1,000 SF ratio. - Proven Track Record: Over 30 years of continuous operation as a successful Italian restaurant, demonstrating the property’s viability and appeal in the community. - Business Available for Purchase: The existing restaurant business is also available for purchase, including liquor license, providing a seamless transition for a new owner and immediate revenue potential. Please inquire with broker. PLEASE, DO NOT DISTURB TENANT. INQUIRE WITH BROKER.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

De Luca's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C2, Whittier

APN/PARCEL ID

8233-004-035

ASK ABOUT THIS PROPERTY

Corey HopkinsHopkins Investment GroupMore Info
714-928-6171

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Corey HopkinsHopkins Investment GroupMore Info
714-928-6171

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