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About This Home
This 0-bedroom, 0-bathroom commercial at 2647 Mission in San Marino, CA is listed for $5,400,000 ($1,200 per sqft). Built in 1927, the home offers 4,500 sqft of living space on a N/A lot.
Trophy Single Tenant net leased investment in super upscale San Marino, Pasadena's finest suburban location. The iconic gourmet restaurant/market business has been known for 40 years as Julienne. The Spanish colonial architecture sidewalk patio eating area and ultra elegant interior are a true pride of ownership asset.
The proven location, a familiar site to locals and many celebrities alike (think athletes nearby); the emphasis has shifted to boutique prepared meals, fine wines, exotic and extensive deserts and gifts, adding substantial tenant income. The long coveted location is unique in walking distance from a dense high income residential area, as well as providing substantial area street parking in and around the Mission Street corridor.
Simply there is no competitive large location proximate. The existing lease is NNN. Tenant has option to remain through 2031 including large annual rent increases.
Key Features
- Built in 1927
Property Details
Monthly Cost Estimate
$28,880/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2647 Mission
San Marino, CA 91108
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2647 Mission is listed at $5,400,000 ($1,200/sqft). The estimated monthly payment is $23,400 based on 20% down at 6.5% interest.
Key features include: Built in 1927.
This property is listed by Jim Menton and can be reached at 3104293235 or jdmentoniii@gmail.com.