KEY MONEY SALE! Incredible opportunity for an entrepreneur to get an existing permitted restaurant space full of equipment in an extremely popular area of Downtown LA’s Historic Core. Space is currently occupied by WAKE & LATE and they are currently offering the space for SUBLEASE. Space has an existing vent, hood, grease trap, and gas lines! Equipment list available per request! This block has a ton of incredibly popular bars and restaurants including Las Perlas, Black Sheep, The Varnish, Coles, Red Line, The Association, Artisan House, Mignon, and Poke! Space does not have a beer/wine or liquor license, but tenant is welcome to apply for a beer/wine license. The space has one private bathroom. The space is available with $175,000 key money. New tenants must be approved by master lessor. Restaurant space with active permits and vent/hood in Downtown LA is in huge demand this space will not last long so call now! Serious inquiries only! Roughly four years left on master lease, 10 year option available! All our listings, min 1 year leases but owner may require longer than 1 year. Showings by APPOINTMENT ONLY. I’m a real estate broker, if this space doesn’t meet your needs I may have/know something else that does. So for this space and more call or text (213) 304-4727 now! You can also fill out the Quick Contact Form here on our site!
DISCLOSURES: The information contained herein is deemed reliable but was obtained from 3rd parties and has not been independently verified by and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice. All square feet listed on marketing materials are the net (usable) square feet which we include a standard 20% load factor to calculate the gross (rentable) square feet. We list everything with a 20% load factor regardless if there is common area or not. Square feet are approximate and are not guaranteed, leases assume you measure the sqft before leasing and approve of the calculation for multiple reasons. Rent rate and terms on all of ‘s advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Lic#01753250
453 S. Spring St Suite 818
Los Angeles, CA 90013
Monday - Friday : 9 am - 6 pm By Appointment Only