16825-16829 Prairie Ave - Freestanding FOR SALE


Lawndale, CA 90260
$1,100,000 USD
310-652-8353
16825-16829 Prairie Ave, Lawndale, CA for Sale
$1,100,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

Apr '25


16825-16829 Prairie Ave
Lawndale, CA 90260


OVERVIEW

South Bay Bar with Property – Local Venue with no Food Service Required. This cozy South Bay bar provides its patrons a relaxed, friendly atmosphere. The venue boasts excellent freeway access, is adjacent to a popular business that attracts customers, and has a large management office and a separate income producing tenant. This quintessential dive bar offers affordable drinks, billiards, sports event viewing and a classic pub like experience. This overall property is comprised of an 1,973 square foot structure on a 0.12 acre lot. The bar has a spacious 400 square foot (approx.) management office and a tenant with another 500 square feet (approx.) that leases for $1,200/month. The sale includes all of the business and property’s furniture, fixtures, equipment, and liquor license. An estimated $5,000 in inventory will be sold at cost at close in addition to purchase price. This bar enjoys a largely local client base that work or reside in the area, or those who visit a large nearby sporting facility. The venue’s main street throughway and freeway access provide it stellar access and main street visibility – which are further complimented by 2 busy neighboring businesses. The absentee run venue can benefit from an onsite working owner-operator with hospitality experience that can provide friendly customer service and ensure strong ticket sales.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$558 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C2

APN/PARCEL ID

4074-016-013

ASK ABOUT THIS PROPERTY

Michael WildeveldThe Veld GroupMore Info
310-652-8353

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Michael WildeveldThe Veld GroupMore Info
310-652-8353

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