Active

2201 Palos Verdes Drive W

Palos Verdes Estates CA, 90274

$225,000


Active

Commercial

Built in 1958

Listed by David Franklin with David Franklin, Broker 3236879461

HUGE Price Improvement! Here lies is a long-standing cafe/sandwich shop that boasts a long, 40 year history of creating delectable pastries, breads, sandwiches, drinks, and desserts that have won the hearts (and taste buds) of generations. Owners have a special pride that they would now like to pass along to a new owner to take the cafe to new levels. The location has beautiful frontage and visibility with its bright colors and ample patio seating which really makes for a comfortable dining experience. There is tons of potential for the new owner to cater events, host events, convert to a different restaurant concept, deliver with Uber, GrubHub, Postmates, etc. upgrade license privileges with a Beer and Wine license, and so much more!

This location has low rent (3192) and rent will be the same for 10 years with a possible option to extend!

Drive by/dine only. Signed NDA required for financials.

PW24084330

MLS ID

April 27, 2024

Listed

October 17, 2024

Updated

Map

2201 Palos Verdes Drive W
Palos Verdes Estates CA, 90274

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Area Name

160 - Lunada Bay/Margate


Days on Market

164


Garage

No


View

No


County

Los Angeles


Pool

No

Listing History

Date

Event

Price

10/6/2024

Price change

$225,000

-10%

10/6/2024

Price change

$250,000

25%

7/12/2024

Price change

$200,000

-20%

6/19/2024

Price change

$250,000

-16%

6/2/2024

Price change

$295,000

-2%

6/1/2024

Price change

$299,000

-8%

5/30/2024

Price change

$324,999

-1%

5/29/2024

Price change

$325,000

-8%

Listing Contact: 323-687-9461 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 1:46 PM UTC

 

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