2428 S Garfield Avenue, Monterey Park, CA 91754
List Price: $1.3M
Listing Status: Active
Original List Price: $1.66M
0Days on Market: 141
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1952
Lot Size: 8,186 sq ft
MLS Number: AR26008750
About This Property
Prime standalone commercial property located in Monterey Park, south of Garvey Ave, north of the 60 Freeway, and east of Atlantic Blvd. The property features approximately 2,171 square feet of building area situated on an 8,186 square foot lot, offering both front and rear access and excellent street visibility. Built in 1952, the property is home to a long-established restaurant and bar operation that has been continuously serving the community since 1955, known as The Venice Room. The business is well known for its unique “grill-your-own steak” dining experience, a rare concept with no comparable offering in the surrounding area. The operation holds a Type 48 liquor license and benefits from strong revenue performance and a loyal, multi-generational customer base. This is a rare opportunity to acquire both a landmark operating business and the underlying real estate in a highly desirable infill location with strong traffic exposure and proximity to major transportation corridors. Sale of the real property is required to close concurrently with the sale of the operating business under a separate agreement. Buyer to cooperate with coordinated escrow. Information deemed reliable but not guaranteed. Buyer to verify all details.
Listing provided by: Michael Luu DRE #01243901 626-945-9956 brokermichaelluu@gmail.com, Michael Luu, Broker
Source: CRMLS, MLS #: AR26008750
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.