99 S Lake Avenue 102 Pasadena, CA $ 100,000
99 S Lake Avenue 102
$ 100,000
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99 S Lake Avenue 102

Pasadena, CA, 91011
$ 100,000
Baths0.0 Sq 1,191

Monthly Estimate*

$ 699

Listed by Pinnacle Real Estate Group
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Studio

Commercial Property for sale in Pasadena, CA

for $100,000. This building is 1,191 square feet.

This quick service restaurant is a rare find opportunity in the city of Pasadena. Convenient location, Great location, Money Making location on the famous Lake Ave where is close to Green Street and Colorado Blvd. The location currently offers an eclectic menu with unique Poke and Tea 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 street parking and foot traffic. 1191 sq.ft spaces with 30 max seat capacities. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key quick service restaurant business 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: Pokemix by Flour+Tea, Established since 2020 *Intersections of Lake Ave & Green Street *Lease expiration is May 2026, Annual Rent Increase 3% *Current Lease Rate: $5,249.93/month, CAM: $916.98/month *30 Max Seat Capacities *2 Full Time Employees, Monthly Gross: $28,000 *Trade name may be included in the sale. *Restaurant may convert to a different concept with the landlord's approval.

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Commercial Active

Price

$ 100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

WS23183658

Days on Market

217

Features
General
Unit Number 102
Business Type FastFood
Business Name Pokemix
County Los Angeles
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Intersection of Lake Ave & Green Street
City Pasadena
View Y/N N
Senior Community Y/N N
MLS Area 699 - Not Defined
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lake
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Leasable Area 1191.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 169
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Total Actual Rent 6167.0
Ownership Type Corporation
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Exterior
Spa N
Building Area Total 1191.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
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Internal Only
Street Number 1 99
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* Excluded Features
List By
Pinnacle Real Estate Group

Broker

(626) 321-4788

Phone

Affordability Calculator

$699
Per Month
100%
0%
0%
Monthly Principal & Interest
$699
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$100,000 -33.33% Price Down
10/2/2023$150,000 Listed Price

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99 S Lake Avenue 102, Pasadena, CA, 91011 is a Commercial Property for sale at $100,000 with 1,191 sqft. 99 S Lake Avenue 102 is a studio with 0.0 baths. The property's zip code is 91011 which is in Pasadena, CA