626 S Spring St
bar for sALE
URBANLIME Real Estate is pleased to present the opportunity to acquire a turn-key bar with a rare ABC Type 48 license. The second generation space is 1,200 SF with frontage to Spring St. The asset is situated in the heart of DTLA, near many restaurants, bars and retailers. Operators will benefit from strong day and nighttime populations, as well as many residents and hotel guests. Nearby attractions including The Theatre at The Ace Hotel, The Los Angeles Theatre, The Broad, Walt Disney Concert Hall, among others, create a large draw to the area. Neighboring tenants include Exchange LA, Guisado’s, Tacos 1986, Blu Jam Café, Tierra Mia Coffee, Verve Coffee, Starbucks, Silverlake Ramen, Joe’s Pizza & more!
Highlights
ABC Type 48 License
Turn-Key Bar
Term: Remaining term – 6 years
Rent: $7,878.56 + $300.00 STORAGE AREA = $8,178.56
NNN: $500.00
Key Money: $195,000.00
1,569 SF
1,200 SF Groud Floor
129 SF Patio
240 SF Basement Storage
Agents
