213-277-7247
626 S Spring St, Los Angeles, CA for Rent

$37.00 USD /SF/yr

Retail - For Rent
1/8
1,932 SF | 1 Space

626 S Spring St
Los Angeles, CA 90014
Historic Downtown LA


HIGHLIGHTS

  • Entitled bar with live entertainment
  • Type 48
  • Fully improved and operational
  • Busy stretch

OVERVIEW

URBANLIME Real Estate is pleased to present the opportunity to acquire 626 S Spring St. The asset is situated in DTLA along busy Spring St, near many restaurants, bars and retailers. Operators will benefit from strong day and nighttime populations,as well as many residents and hotel guests. Nearby attractions include the Broad, MOCA, The Los Angeles Theatre, Clifton's, the Freehand Hotel the Hoxton Hotel and the Proper Hotel among many others create a large draw to the area. Neighboring tenants include Exchange LA, Guisado’s, Tacos 1986, Blu Jam Café, Tierra Mia Coffee,Verve Coffee, Starbucks, Silverlake Ramen, Joe’s Pizza & more! This is an asset sale which includes the Type 48 liquor license and a lease at $6k/mo on a modified gross basis. Asking price $340k.

RENTAL DETAILS

SPACE AVAILABLE

1,932 SF

# OF SPACES

1

RENT/MONTH

$5,957 USD /mo

RENT RATE (MO)

$3.08 USD /SF/mo

RENT RATE (YR)

$37.00 USD /SF/yr

LEASE TYPE

TBD

LEASE LENGTH

5-10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

45,396 SF

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18999 AC

LAND SF

8,276 SF

ZONING

C2

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.