Offering a unique opportunity, this established hookah lounge spans across three distinguished addresses, and is equipped with essential permits including public health, restaurant, and tobacco licensing. Benefit from a rare grandfathered exception for shisha/hookah services, ensuring compliance and longevity in operation. The primary location at 4730 Eagle Rock Blvd features a spacious 3,700 sq ft venue with a manageable rent of $4,867 per month. Adjacent at 4732-4734 Eagle Rock Blvd, a charming cafe with an office space is included, leased at $3,245 per month, with a favorable lease renewal option spanning 3-6 years for qualified lessees. Operational efficiency is maintained with minimal staffing, currently supported by one part-time employee. Operating hours cater to evening crowds, open Sunday through Thursday from 5 PM to 12 AM, and extended hours until 1 AM on Fridays and Saturdays. Parking convenience is ensured with 12 spaces available, including 6 designated in the front and an additional 6 secured within a private gated area at the rear. Don't miss this exceptional opportunity to acquire a thriving business with multiple revenue streams and strategic leases in place.
Mls | GD24133181 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1963 |
Days On Site | 147 |
Listing Provided By | Coldwell Banker Hallmark 818-476-3000 | Harout Aloyan |
Acreage | 0.27 |
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State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90041 |
Area | 618 Eagle Rock |
Listing VS Median (in 90041) | |
Price: $280,000 low | high Med: $1,499,000 On Site: 147 low | high Med: 76.000000 |