Pasadena, CA 91011 99 S Lake Avenue 102

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Presented By: ARTHUR HUANG with Pinnacle Real Estate Group; 626-833-1085
  • MLS# WS23183658
  • 10/02/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 1,191

Home Details

This quick service restaurant is a rare find opportunity in the city of Pasadena. Convenient location, Great location, Money Making location on the famous Lake Ave where is close to Green Street and Colorado Blvd. The location currently offers an eclectic menu with unique Poke and Tea that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of street parking and foot traffic. 1191 sq.ft spaces with 30 max seat capacities. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key quick service restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information. Business Highlights: *Restaurant Name: Pokemix by Flour+Tea, Established since 2020 *Intersections of Lake Ave & Green Street *Lease expiration is May 2026, Annual Rent Increase 3% *Current Lease Rate: $5,249.93/month, CAM: $916.98/month *30 Max Seat Capacities *2 Full Time Employees, Monthly Gross: $28,000 *Trade name may be included in the sale. *Restaurant may convert to a different concept with the landlord's approval.
Presented By: ARTHUR HUANG with Pinnacle Real Estate Group; 626-833-1085

Interior Features for 99 S Lake Avenue 102

Other Interior Features

SeatingCapacity30
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixAvenue

General for 99 S Lake Avenue 102

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business NamePokemix
Business TypeFastFood
Carport Y/NNo
CityPasadena
CountyLos Angeles
Days on Market169
DirectionsIntersection of Lake Ave & Green Street
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area1191.0
Lease Considered Y/NNo
Lease Renewal Y/NYes
Listing TermsCash
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Ownership TypeCorporation
Private PoolNo
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Street NameLake
Total Actual Rent6167.0
Unit Number102
View Y/NNo
Waterfront Y/NNo

Exterior for 99 S Lake Avenue 102

Building Area Total1191.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo

Additional Details

Price History

1527188455

First Team Client Services

Price $100,000
MLS#WS23183658
List Date 10/02/2023
Property Type Business Op
Phone 714.964.3311
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