2647 Mission San Marino, CA 91108, San Marino , 91108
Listing ID: SB21224209
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$4,899,500
Price
4500
Sq. Ft.
Built: 1927
Listed: 2 years ago
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Property Description

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.

Other located at 2647 Mission San Marino, CA 91108. The property was built in 1927. 2647 Mission San Marino, CA 91108 is in the San Marino neighborhood.
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Listed by: The Realestate Group

Mortgage Estimation Calculate Your Own

20% down payment
$17,166
per month
35% down payment
$13,948
per month
50% down payment
$10,729
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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JD
James Dennis Menton
(310) 540-0072

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JD
James Dennis Menton
(310) 540-0072
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment