$ 329,000
3511 W Magnolia BLVD Burbank, CA 91505
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$ 329,000
Est. payment | /mo
3,145 Sqft Lot
$ 329,000
Est. payment | /mo
3,145 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24225628
HOA Y/N No
Year Built 1941
Lot Size 3,145 Sqft
Property Description
Mediterranean Grill & Cafe in a prime location in the heart of Burbank, located near Production Studios and the Entertainment industry. The location is Prime!!! Competitive Rent in contract for next 5 years. There is lots of foot traffic and surrounded by popular businesses in the area. Currently operating with a fully trained staff of 9. There are lots of opportunities for growth, including expanding location and obtaining a beer and wine license, which is currently in the process. Beer & Wine application has been submitted. The cafe has a website with delivery available through online ordering. Cafe is also on various delivery platforms. Catering and private events available; hosted catering for university and various productions and companies. Private events booked for filming, birthdays, lunch meetings, etc. The business has a large social media platform and following. Name is known and advertised on various social media by numerous influencers. Private back parking and public street parking available for customers. The cafe has been completely remodeled this past year and provides an inviting and modern atmosphere. Indoor and outdoor dining, front and large back patio with fans, heaters, water fountain, TV, and cafe lights. Has 1 gender-neutral restroom for employees and customers. Filtered water system built for customers to self-serve. Includes 1 office space and 1 mop room. Back kitchen with 3 commercial freezers, 1 double door commercial fridge, and 1 single door commercial fridge along with a salad top fridge. 3-compartment commercial sink with grease trap. The front host area has 1 register that is paid off. Front prep area has one large salad top fridge, one fridge for meats by the grill, 2 fridges for beverages. Appliances include an American range double deck top broiler, American range stove top oven with flat iron grill, fryer, 2 shawarma vertical broilers, panini toaster.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Fireplace No
Others
Tax ID 2477019001
Listed by Bill Toth • First Class Real Estate • 818-434-2110
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Gregory Masi
REALTOR® | Lic# 1708321