1509 Mateo St

1509 Mateo St

Restaurant & bar w/ Live entertainment

Urbanlime Real Estate is pleased to present the opportunity to purchase the fee simple interest at 1509 Mateo St in Los Angeles, CA. The property at 1509 Mateo St is located just south of the Arts District. The building’s use was recently modified to allow for a private club on the ground floor with a CUB allowing for onsite consumption of a full one of alcoholic beverages from 5pm to 2 am daily and a cafe and entertainment permit* along with an office on 2nd floor.

Significant improvements have been completed at 1509 Mateo St including the full build out of a commercial kitchen and bar on the 1st floor comprising of 2,513 sf and a beautiful creative space with bathroom and kitchenette on the second floor.

 
 

Highlights

  • Building: 4,663 sf

  • Lot: 2,616 sf

  • C of O: Private Club + Office

  • Built in 1966, remodeled 2020

  • CUB for full liquor + live entertainment

  • Alley vacated*

  • Located in a State Enterprise Zone and Federal Opportunity Zone

  • Asking Price: $3,150,000

  • Includes the liquor license valued at $125,000.

    *Inquire with broker

 
 
 

Agents