Torrance Blvd And Sartori Ave, Torrance, CA 90501
3,932 SF | Retail Building | Torrance, CA 90501 | $3,675,000 ($935/SF)
For Sale
Active
Asking Price $3,675,000
- Property Type
-
Retail
- Square Feet
- 3,932 SF
- Price / Square Foot
- $935
Listing Contacts
Ryan Sharpe
Tyler Griffith
- Property Info
Property Overview
Fantastic owner-user bar/restaurant opportunity in Torrance! Business has a rare Type 48 liquor license. Well-located freestanding building consisting of a 3,932 SF with a large 2,500 SF patio on a 7,524 SF lot (0.17 ACRES). This is a unique opportunity because the real estate, profitable business, fixtures, inventory, & equipment will all be included in the sale.
The subject property is located in the Downtown Torrance District, which is experiencing its own renaissance with the city’s Downtown Revitalization and Connectivity Plan. Downtown Torrance is a place where residents, employees, and visitors can live, work, and play in a vibrant, active, and walkable environment. Here, local businesses can thrive in the midst of new dining, shopping, housing, and recreation. The Greater Downtown will celebrate its history. Its streets and public spaces will be well maintained and programmed with events, and it will be a welcoming, safe, and inclusive environment for all. There are many lively dining establishments, retailers, and neighborhood service tenants in the area. Old Town Torrance is an up-and-coming downtown district in the heart of one of the densest cities in the South Bay.
The subject property is located in the Downtown Torrance District, which is experiencing its own renaissance with the city’s Downtown Revitalization and Connectivity Plan. Downtown Torrance is a place where residents, employees, and visitors can live, work, and play in a vibrant, active, and walkable environment. Here, local businesses can thrive in the midst of new dining, shopping, housing, and recreation. The Greater Downtown will celebrate its history. Its streets and public spaces will be well maintained and programmed with events, and it will be a welcoming, safe, and inclusive environment for all. There are many lively dining establishments, retailers, and neighborhood service tenants in the area. Old Town Torrance is an up-and-coming downtown district in the heart of one of the densest cities in the South Bay.
Property Details
- Class
- B
- Year Built/Renovated
- 1941/2014
- Stories
- 1
- Property Subtype
- Freestanding, Other Restaurants
- Lot Size (sq. ft)
- 7,405 SF
Highlights
- Unique opportunity to acquire the real estate, profitable business, fixtures, inventory, & equipment in the sale.
- Join an up-and-coming downtown district in the heart of one of the densest cities in the South Bay.
- Situated in a dense South Bay City featuring approximately 144,430 people with an average household income of $94,781.
- Recently renovated offering a seamless transition from the front and back bars to the 2,500 SF patio, utilizing sleek sliding glass doors and windows.
- The subject property has a CUP that allows the sale of liquor with their Type 48 License and can be open until 2:00AM.
- Walker's Paradise (95).
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