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$ 4,900,000
Est. payment | /mo
0.4 Acres Lot
$ 4,900,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26182772
HOA Y/N No
Year Built 1979
Lot Size 0.400 Acres
Property Sub-Type Retail
Property Description
Second Gen Restaurant & Event Venue or Redevelopment Opportunity - Located on the highly traveled Laurel Canyon Boulevard and the I-5 Freeway in Sun Valley. Popularly known as Big Jim's restaurant, the property presents an outstanding opportunity for investors and owner-users seeking a well-positioned restaurant property in the San Fernando Valley. The offering includes a 8,515 (+/-) s.f. second generation restaurant which operates as a restaurant, bar, entertainment and event venue (includes an entertainment license)with indoor and outdoor seating. Liquor license is not included in the sale. Also included in the sale is the adjoining lot - together the two lots total approximately 37,282 s.f. of land. The property benefits from excellent street visibility at the signalized intersection of Laurel Canyon Blvd. and Sheldon St. traveled by over 41,000 vehicles per day, strong traffic exposure with a pylon sign; and convenient access to major transportation routes serving the greater Los Angeles region such as the I-5 Freeway. Surrounded by established residential and commercial developments, the site offers long-term value and potential for a variety of business or investment objectives. Its strategic location, accessibility, and prominent presence make this an attractive opportunity in a dynamic Southern California market.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Paved, Walkstreet
Story 1
Water Public
Others
Tax ID 2629019016
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
Listed by GURJEET BHATIA Acreage Real Estate 909-210-1570, DRE #01895064
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