Monterey Park, CA 91754 500 N Atlantic Boulevard 121

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Presented By: ARTHUR HUANG with Pinnacle Real Estate Group; 626-833-1085
  • MLS# WS24134659
  • 07/01/2024
  • Request Tour
  • Request Info
  • SQFT • 1,014

Home Details

This quick service restaurant is a rare find business opportunity. Convenient location, Great location, Money Making location in the Atlantic Times Square of Monterey Park, right next to AMC Theater. This location is close to 10 & 60 Fwy. Anchor businesses are 24 Hour Fitness, OneZo Boba, Daiso Japan, SunMerry Bakery, Meet Fresh and etc. The restaurant currently offers eclectic menu with unique dessert, coffee tea, ice cream and Korean street food that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking and foot traffic. Kitchen equipped with Ventless Hood. 33 seats capacities with one restroom. City permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information. Business Highlights: *Restaurant Name: Street Churros, Established since 2019 *Lease expires July 2026, Annual Rent Increase 3% *Current Lease Rate: $5,924/month, CAM: $837/month *33 Max Seat Capacities, 1 Restroom *1 FT & 6 PT Employees, Annual Gross: $450,000 *Trade name may be included in the sale. *Restaurant may convert to a different concept with the landlord's approval. ***PLEASE DO NOT DISTURB EMPLOYEES!!! Call today for more information.**
Presented By: ARTHUR HUANG with Pinnacle Real Estate Group; 626-833-1085

Interior Features for 500 N Atlantic Boulevard 121

Other Interior Features

SeatingCapacity33
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 500 N Atlantic Boulevard 121

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building NameAtlantic Time Square
Business TypeBakery, DeliCatering, FoodAndBeverage, FastFood, IceCreamFrozenYogurt, Restaurant
Carport Y/NNo
CityMonterey Park
CountyLos Angeles
Days on Market91
DirectionsCross St: W. Hellman Ave.
Electric On Property Y/NNo
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area1014.0
Lease Considered Y/NNo
Lease Renewal Y/NYes
MLS Area641 - Monterey Park
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Ownership TypeCorporation
Private PoolNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
TermsCash, CashToNewLoan
Total Actual Rent5924.0
Unit Number121
View Y/NNo
Waterfront Y/NNo

Exterior for 500 N Atlantic Boulevard 121

Building Area Total1014.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $180,000
MLS#WS24134659
List Date 07/01/2024
Property Type Business Op
Phone 310.658.1749
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