San Marino, CA 91108 2647 Mission Street

Presented By: Jim Menton with The Realestate Group; 310-429-3235
  • MLS# SB21224209
  • 10/10/2021
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  • FootageSQFT • 4,500

Home Details

OWNER WILL CARRY 1TD FOR 3-5 YEARS WITH SUBSTANTIAL DOWN PAYMENT!! Trophy single tenant net leased investment in super upscale San Marino, the iconic gourmet restaurant/market business, has been known for 36 years as Julienne. The Spanish colonial architecture and sidewalk eating area patio and ultra elegant interior are a true "pride-of ownership" asset. This proven location, a familiar site to locals and celebrities alike, has scaled back the menu to focus more on prepared dishes, frozen entrees for take-out, boutique wines, homemade sweets, and gifts, yet remains an exceptionally strong viable business regardless of the pandemic. The long standing restaurant/market location is unique in walking distance from the dense residential area, as well as providing substantial parking in and around Mission Street. Quite simply, there is no seriously competitive iconic proximity for business in the small upscale downtown San Marino. The existing lease is structured as NNN with the exception of face/exterior walls and roof, This is truly a singular exceptional property which represent an amazing generational investment. Tenant has recently executed option to extend lease to July 2027.
Presented By: Jim Menton with The Realestate Group; 310-429-3235

Interior Features for 2647 Mission Street

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories1

General for 2647 Mission Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building NameJulienne
Business TypeRestaurant
Carport Y/NNo
CitySan Marino
CountyLos Angeles
Current FinancingNone
Days on Market896
DirectionsMission near Molina
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet6012.0
MLS Area655 - San Marino
MobileHomeRemainsYNNo
Net Operating Income207860.0
New ConstructionNo
Number of Units Leased1
Occupancy DescriptionOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMission
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1927
Year Built SourceAssessor
ZoningSOC

Exterior for 2647 Mission Street

Building Area Total4500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60 x 100
Lot FeaturesItem01UnitAcre
Lot Size Acres0.138
Lot Size Area6012.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourcePublicRecords
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $4,899,500
MLS#SB21224209
List Date 10/10/2021
Property Type Commercial
Phone 714.964.3311
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