Highly successful restaurant with up to 10 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $250,000 pre- and post-pandemic. Established in 1990's this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.
MLS #
ML81901932
MLS Source
MLSListings, Inc.
Days on Site
645
Buyer's Brokerage Compensation*
2.50%
Parking Spaces
0
Utilities
Public Utilities, Water - Public
Flooring
Concrete, Vinyl/Linoleum
Cooling
None
Heating
Central Forced Air, Central Forced Air - Gas
Roof
Flat, Rolled/Hot Mop
Sewer
Public Sewer
Zoning
Commercial Buildings 5B
Alvarado St is a Business Opportunity in Monterey, CA 93940. This 2,461 square foot property sits on a 2,150 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $360,000 and was built in –.
This address can also be written as Alvarado St, Monterey, CA 93940.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 08, 2024. For the most current information, please contact Michael Zabrycki, (832) 628-2206