PRICE: $2,900,000

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Single Tenant Retail/Restaurant in Studio City.

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The Hirth Group’s exclusive team consisting of Ethan Donel, Alex Reyhan, and Daniel Hirth have been selected to oversee the sale of 11548 Ventura Boulevard in Studio City, California 91604. This property encompasses around 1,997 square feet of restaurant space, including approximately 409 square feet of unpermitted office. With a generous lot size of approximately 7,819 square feet, the property offers ample parking at the rear. Ideally situated on a corner lot along Ventura Boulevard, which is highly sought after in the San Fernando Valley, this location provides convenient access to affluent neighborhoods such as Sherman Oaks, Toluca Lake, Hollywood, Valley Village, and Encino.

 

The restaurant is fully prepared to meet the requirements of any culinary establishment, offering convenient storage space with a walk-in freezer and walk-in fridge. The kitchen is equipped with a 16-foot hood and grease trap, ensuring efficient ventilation and grease management. Additionally, it features a deep fryer, an eight-burner stove/fridge, prep tables, and stainless-steel sinks. The building is also designed to be accessible to all, with ADA compliance and a wheelchair lift available. Inside the restaurant, there are 52 seats for indoor dining and an additional 20 outdoor seats. To further enhance revenue potential, the establishment holds a Type 41 liquor license, permitting the sale of beer and wine.

 

This property at 11548 Ventura Boulevard presents an attractive opportunity for buyers in the restaurant industry seeking to establish or expand their business in Studio City, CA. With its modern facilities, strategic location on Ventura Boulevard, ample parking, and the added benefit of a liquor license, it provides an ideal setting for an owner-user looking to operate a restaurant with great visibility and a remarkable patio. Additionally, the possibility of utilizing SBA financing with as little as 15% down further enhances the feasibility of ownership for an aspiring restaurateur!

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Note: Buyer to perform own due diligence and verify all information.