Active

2647 Mission Street

San Marino CA, 91108

$4,625,000


$1,027.78 per sqft

Active

4,500 sqft

Commercial

Built in 1927

Listed by Jim Menton with The Realestate Group 310-540-0072

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.

SB21224209

MLS ID

October 10, 2021

Listed

May 25, 2024

Updated

Map

2647 Mission Street
San Marino CA, 91108

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

655 - San Marino


Days on Market

946


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

SOC

Listing History

Date

Event

Price

5/13/2024

Price Change

$4,625,000

-6%

9/29/2023

Price Change

$4,899,500

-2%

Listing Contact: 310-540-0072 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:27 AM UTC

 

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