Description
Great opportunity to purchase a Fantastic Built Out Bakery. Good location on Pacific Coast Highway, in the desirable Walteria area of the City of Torrance. The Bakery opened this year after extensive tenant improvements were completed and the permits received final approval. Owner must sell. Bakery was opened for a short period this year, but was recently closed due to the illness of the co-owner, who was also the chef/baker. Priced for an immediate asset sale. Please see the attached supplements or contact the listing agent for the substantial Tenant Improvement and Equipment Lists. There is lots of convenient parking on site in front of the bakery plus a good tenant mix. Located just doors away from the well known "The Pan" restaurant. There is also a rear entrance and additional parking behind the bakery for employee parking and deliveries. Outdoor dining is allowed with ample room for tables and chairs out front on the spacious covered walkway. If your plans and dreams include owning your own boutique bakery, then this is the perfect place to call your own. The Seller has agreed to carry some financing for a qualified buyer, up to a note of $60,000.
Note: square footage is an approximate figure obtained from the lease. Monthly rental amount includes the current Base Rent of $1,560 plus an addition Common Area Fee of $562.50 for a monthly total of $2,122.50.
Buyer to independently verify all information including but not limited to: the lease, square footage; condition of all tenant improvements, FFE furniture, fixtures and equipment; permits and licenses from all government departments and agencies, zoning, allowed uses, etc.
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$200,000
Other
- MLS #SB24175000
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: George Kivett (#SKIVEGEO)
Listing Office: Kivett Realty (#S4419)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
