$ 180,000
3148 Pacific Coast HWY Torrance, CA 90505
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 180,000
Est. payment /mo
Price Dropped by $20K
3148 Pacific Coast HWY Torrance, CA 90505
UPDATED:
10/29/2024 04:20 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24175000
HOA Y/N No
Property 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.
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.
Location
State CA
County Los Angeles
Area 125 - Walteria
Interior
Inclusions Fantastic tenant improvements and bakery equipment. List of tenant improvements and equipment included provided
Fireplace No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Listed by George Kivett • Kivett Realty • 310-871-0690