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