INVESTMENT HIGHLIGHTS Price includes building, land, business, as well as liquor and catering licenses Opportunity to add 3 more stories above restaurant Prime location; close to APU, Citrus College, and The Orchard EXECUTIVE SUMMARY Prime investment opportunity for sale on the city of Azusa's main thoroughfare. The Purchase Price includes the building and land, as well as the City Cafe restaurant and bar business, 47 liquor license and 47 catering license. The availability of the business and licenses make this property the perfect opportunity for a savvy investor to become an owner-user in the quickly and positively developing city of Azusa. The opportunity can be further capitalized on with the potential to build 3 more stories above the restaurant, increasing its capacity or adding more space for additional rental income.607 N. Azusa Ave is close to a wealth of amenities, although its value shines with its proximity to Citrus College and Azusa Pacifi c University as well as The Orchard, a massive mixed use development scheduled to open June 2022. This standout location makes it the perfect stop for students and residents alike. PROPERTY FACTS Sale Type: Owner User Property Type: Retail Building Size: 2,200 SF Year Built: 1950 Price: $1,350,000 Price Per SF: $614 Percent Leased: 100% Building Height: 1 Story Building FAR: 0.62 Land Acres: 0.08 AC Zoning: C2 - Commercial Opportunity Zone: No WALK SCORE ® Very Walkable (83)
| Property Type | Retail |
|---|---|
| Property Use | Use in a Business |
| Year Built | 1950 |
| Level Number | 1 |
| Zoning | C2 - Commercial |
| Listing ID | QL9K9V |
| Style | Retail Business |
| Building Size | 2,200 SF |