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0 000 Alvarado Street

Monterey, CA 93940
  • $360,000
  • STATUS: Active
  • ON SITE: 498 Days
  • ID#: ML81901932
$360,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Michael Zabrycki of Michael Zabrycki, Broker ((832) 628-2206)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/131384724
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0 000 Alvarado Street Monterey, CA 93940

  • Price: $360,000
  • Status: Active
  • On Site: 498 Days
  • ID#: ML81901932
0
Beds
0
Baths
0
½ Baths
0.05
Acres
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
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.
Exterior Features

Parking Total 0

Property Features

Association Fee 0 Business Name Not Disclosed Business Type Restaurant Gross Income 683078 Listing Agreement Exclusive Right To Sell Listing Service Full Service Zoning Commercial Buildings 5B



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
5796 Armada Dr #205
Carlsbad CA, 92008
Listing Agent(s): Michael Zabrycki of Michael Zabrycki, Broker ((832) 628-2206)