About this property

Proven commercial corner unit including $300k+ worth of restaurant/bar up-fitting and equipment installed. Could be used for office space like it's surrounding units but is currently restaurant/bar space. 2 buildings in one connected only through the kitchen, nearly 2/3 of the space is designed for full/quick service restaurant sales and the rest, a fully self-sufficient bar. Equipment includes an XL hood, walk-in coolers, draft beer system w/ cooling, and cocktail station. Cleaning stations, office area, 4 total bathrooms as well as ample indoor seating space w/ an outdoor patio section. Keep these businesses separate or open them together as the restaurant and bar space you’ve been dreaming of. Leasing at 18-22/sf shows a pro-forma of 6.3% to 7.7% cap rate.

Features and Additional Information