DTLA Bar for Sale

URBANLIME Real Estate is pleased to present the opportunity to acquire 626 S Spring St. The asset is situated in the heart of DTLA, near many restaurants, bars and retailers. Operators will benefit from strong day and nighttime populations, as well as many residents and hotel guests. Nearby attractions including The Theatre at The Ace Hotel, The Los Angeles Theatre, The Broad, Walt Disney Concert Hall, among others, create a large draw to the area. Neighboring tenants include Exchange LA, Guisado’s, Tacos 1986, Blu Jam Café, Tierra Mia Coffee, Verve Coffee, Starbucks, Silverlake Ramen, Joe’s Pizza & more!

-Size: 1,932 SF
-CUB: Type 48 allows with live entertainment
-Limited to indoors - DJ or up to four musicians, a jazz trio or ambient music. Karaoke permitted.
-Hours: 11am-2:00 am daily
-80 indoor patrons and 23 outdoor patrons
-Lease rate: $6k/mo
-Term: negotiable