The subject property offers a full floor residential flat, which is currently leased. The ground floor commercial space is a fully operational cocktail bar with an ABC Type 48 liquor license which will be delivered vacant at closing. The bar has a full basement built out for back of house operations and storage. Additionally, there are two garage parking spaces. One space is leased to the residential tenant and one is vacant.
The building has gone through a seismic retrofit and major renovations making this property a turnkey operation.
*The residential lease term is 3/22/24 - 3/21/25 at $5,300 per month.
**The Garage lease is month to month at $175 per month.
***Please note that the ABC liquor license will be sold in a separate escrow transaction as part of the total sale price.