228 S Oxford Ave - Restaurant FOR SALE


Los Angeles, CA 90004- Koreatown
$3,350,000 USD
213-554-9112
228 S Oxford Ave, Los Angeles, CA for Sale
$3,350,000 USD
Restaurant - FOR SALE
1/35
null | 5.37% Cap Rate

228 S Oxford Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • A complete renovation in 2020 has revitalized the space with a modern yet cozy ambiance, featuring stylish interior design & inviting outdoor seating
  • Turn-Key Restaurant: This dynamic establishment operates as a café, restaurant, & bar, offering handcrafted cocktails & authentic Korean cuisine
  • Private Event Spaces: Perfect for hosting special gatherings, corporate events, or celebrations, adding additional revenue potential
  • Type 41 Liquor License: Fully equipped to serve a wide range of alcoholic beverages, enhancing its appeal as a popular dining & nightlife destination
  • Two-Story Building w/Elevator: Offering ample dining space across both floors, this versatile layout accommodates various customer needs.
  • Plentiful parking spaces

OVERVIEW

Dream Realty is the Exclusive Broker for this 2-story restaurant building, The Barn. Prime Korean Cuisine Restaurant Opportunity in the Heart of Koreatown, Los Angeles Seize this exceptional opportunity to own a thriving 2-story Korean cuisine and drinks restaurant situated in the vibrant heart of Koreatown, Los Angeles. This popular establishment is set on a spacious 7,250 S.F. (0.17-acre) lot, boasting a generous Gross Leasable Area (GLA) of 4,206 square feet. For Sale: Restaurant Property & Business Opportunity An exceptional opportunity to own a thriving restaurant business along with the property it occupies. The offering includes two components: Real Estate: The building itself is available for purchase at $3.35 million, providing the buyer with full ownership of the premises. Business: The established and successful restaurant business is available for $350,000, inclusive of equipment, furnishings, and goodwill. This dual offering presents a unique investment opportunity for restaurateurs and investors seeking both immediate business revenue and long-term property value. This turn-key investment is an ideal acquisition for astute buyers seeking a thriving business in one of Los Angeles' most dynamic dining districts. Don't miss the chance to own this outstanding property in a prime location that promises growth and profitability.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$796 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cafe the Barn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,250 SF

ZONING

C2-1

APN/PARCEL ID

5517-008-022

ASK ABOUT THIS PROPERTY

Kyle YiDream Realty & Investments, IncMore Info
213-554-9112

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Kyle YiDream Realty & Investments, IncMore Info
213-554-9112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.