26344 Western Ave - Restaurant FOR SALE


Lomita, CA 90717
$789,000 USD
310-956-5212
26344 Western Ave, Lomita, CA for Sale
$789,000 USD
Restaurant - FOR SALE
1/11
null | 7% Cap Rate

26344 Western Ave
Lomita, CA 90717


HIGHLIGHTS

  • New remodeled Kitchen
  • Grease trap and 10 ft hood
  • New plumbing and New electrical

OVERVIEW

26344 S Western Avenue is a free-standing 1,080 SF restaurant box on a signalized South-Bay arterial that moves ± 41 000 cars a day. Built-out in 2023 with a 10-ft Kitchen hood, 2-door walk-in, grease interceptor, gated patio, the space meets current Health Dept. and ADA codes—no costly permit grind. Save six months and $150 k permits/TI. Ability to operate immediately! Strategic demographics: 3-mile radius: 123,000 population $94,000 average household income Own your own real estate for less than the cost of building from scratch — a rare, affordable opportunity in the South Bay. Whether you're launching a new brand, expanding operations, or investing in a future-proof retail property, this location delivers immediate value. ?? Full vacant delivery — move-in ready. ?? Flexible for multiple uses: cafe, bakery, ghost kitchen, smoothie shop, meal prep commissary, and more. Schedule a showing today. Opportunities like this don't last. • C-G (General Commercial) zoning—restaurants, retail, ghost kitchen, bakery or service uses by right; beer-and-wine allowed with CUP. • 10 striped parking stalls on-site (18.5 / 1 000 SF ratio) + rear loading apron—beats Lomita’s parking code for any food or retail use. • Corner visibility, monument signage, all glass frontage, new TPO roof (2022) and 5-ton HVAC (2022). • 3-mile demo: 123 000 population • $94 k avg HH income • 15 min to Port of LA. FINANCING MADE EASY: Seller will carry up to 10 % at 6 % interest-only (24-mo balloon, standby for SBA). At the $ 785 000 ask your payment on 90 % SBA 7(a) is ± $5 400/mo—about what you’d pay to lease comparable space at $4/SF NNN, except you own the dirt. INCLUDED FF&E (˜ $150 k value): hood & range, fryer, walk-in cooler, ice machine, POS counter + 6-camera DVR, tables and chairs,.Full equipment list. Seller can finance up to 5% of the purchase price on subordinated interest-only note at 6% with a 24-month balloon. Potential to move in with 5% down only through SBA! Note will be on full SBA-standby for the first 24 months to qualify as buyer equity

FOR SALE DETAILS

PRICE

$789,000 USD

PRICE/SF

$731 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turn-Key/Commissary–Ready to Operate day 1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CG, Lomita

APN/PARCEL ID

7411-030-009

ASK ABOUT THIS PROPERTY

Edward LeivaLeiva Group Real EstateMore Info
310-956-5212

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Edward LeivaLeiva Group Real EstateMore Info
310-956-5212

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