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DTLA: Retail, Creative Office, or Bar/Restaurant Space with Approved Type 47 Liquor (523 S Broadway $3psf/6,800sf)

Description

Broadway! The most up and coming street in DTLA! Area on it’s way to gentrifying but it’s not there yet, which is why it’s listed at such a low ppsf! Area has a tremendous amount of character and creativity to it. You want your thoughts provoked on a block, this will do it! Location is very popular by millennials, God help their souls, and young professionals. A bar, Mezcalero, literally across street just opened and is already successful!! This building is also across the street from the Roxie/Cameo/Arcade Theaters! A few of the many historic theaters on Broadway. Broadway was the original Hollywood and stars like Charlie Chaplin strolled down these sidewalks. Incredible amounts of resources are being invested into this area including Jose Huizar’s Bringing Back Broadway organization. Neon sites will light up down Broadway again and this will be the best street in DT! Awesome space with soaring ceilings. 3800sf of ground floor space and 3000sf of basement space! Huge value in that CUP!! Your investment to get it there, I’d wildly guesstimate would be around $200k but very profitable if you know what you’re doing! $3psf is not negotiable. Free rent available in place of tenant improvement allowance. We’re a real estate brokerage, if this space doesn’t meet your needs we may know about something else that does! Fill out the Quick Contact form now for quickest response! Also check us out on social media links above!

DISCLOSURES: The information contained herein is deemed reliable but was obtained from third parties and has not been independently verified by Quixotic Realty Inc 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 for confirmation. Pictures shown might not be of the actual particular available space, but of a similar one in the same building. If there is a common area shared by the unit listed, the unit square feet listed on marketing materials are the gross (rentable) square feet which includes a 20% load factor (common area factor) added to the net (usable) square feet. For multiple reasons, the square feet are approximate and are not guaranteed, leases assume you measure the square feet of the space before leasing and approve of the calculation. Rent rate and terms on all of Quixotic Realty Inc’s and affiliates 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. Please see our web-site for full disclosures. Lic#01753250

Essential Information

Price
$11,400 Monthly
Type
Modified Gross
Status
Rent
Address
523 S Broadway
Square Feet
6,800
Donegan McCuaig, CEO/Broker

Donegan McCuaig, CEO/Broker

Agent Of Property

(213) 304-4727

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453 S. Spring St Suite 818

Los Angeles, CA 90013

United States

Opening Hours

Monday - Friday : 9 am - 6 pm
By Appointment Only



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Lic. #01753250 || Copyright © 2017 QUIXOTIC REALTY INC. || Disclosures || Property Management || Links