900 W Riverside Dr
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900 W Riverside Dr
5,196 SF Retail Building Burbank, CA 91506 $3,150,000 ($606/SF)
Investment Highlights
- Long-standing restaurant and bar located in the Rancho District of Burbank.
- 11 parking spaces on site.
- Type 47 Liquor License as well as furniture and fixtures can be available for purchase.
Executive Summary
Wonderful opportunity for an owner/user or investor to purchase a long-standing restaurant and bar located in the Rancho District of Burbank; the facility is extremely well known as it has operated as a restaurant and bar for over 60 years; the building contains a main dining room with bar and patio area, overflow dining area with a second bar, and a banquet room; large preparation kitchen; service line; walk-in cooler; dry storage; liquor cabinet; Type 47 Liquor License as well as furniture and fixtures can be available for purchase; eleven (11) parking spaces on site; located adjacent to the entrance to the Los Angeles Equestrian Center and across the street from Pickwick Lane Homes, a 92-townhome development by Pulte Homes; less than 1.5 miles from The Burbank Studios, Providence Saint Joseph Medical Center and Walt Disney Studios; excellent demographics with over 500,000 people within a 5-mile radius and an average annual household income in excess of $115,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,196 SF
Year Built
1948
Price
$3,150,000
Price Per SF
$606
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.32 AC
Zoning
M-1 - Rancho Master Plan Area (Medium Density Residential)
Parking
11 Spaces (2.12 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (75)
Bike Score ®
Biker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2443-003-014 | Improvements Assessment | $619,038 |
| Land Assessment | $1,872,720 | Total Assessment | $2,491,758 |
PROPERTY TAXES
Parcel Number
2443-003-014
Land Assessment
$1,872,720
Improvements Assessment
$619,038
Total Assessment
$2,491,758
Contacts
-
David 'Randy' Stevenson -
Kris Hons -
Patrick Long -
Stevenson Real Estate Services
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900 W Riverside Dr
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