501 Garvey Avenue, Monterey Park, CA 91745

$85,000

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List Price
$85,000
Status
ACTIVE
MLS#
AR26195229
Days on Market
5
Property Type
Investment

Property Description

Rare opportunity to acquire an established, turn-key beverage and cafe establishment prominently situated along Monterey Park’s premier retail artery on Garvey Avenue. Spanning approx. 1,400 SF with ~40 interior seats, this versatile space features grand high ceilings, an efficient prep kitchen (no grease trap, no hood), and a flexible second-floor mezzanine currently used for dry storage with excellent potential for conversion into an ambient guest seating lounge. Unbeatably co-tenanted directly between two powerhouse dining anchors—Chubby Cattle (all-you-can-eat Wagyu) and Mama Lu’s Dumpling House—generating massive built-in foot traffic, dense dinner queues, and non-stop grab-and-go exposure. Offered at an ultra-low key money price of $85,000, including all furniture, fixtures, and equipment (FF&E), transferable lease value, existing build-out, backed by vendor introductions, staff transition support (8 experienced employees), and a seller Non-Compete Agreement. Current rent is approx. $4,000+/month (Base Rent + CAM + Water included, plus ~$200 additional fees for security). A proven, highly stable trade location operating successfully since 2011—an ideal plug-and-play platform for boba, specialty coffee, or dessert concepts. Strictly confidential; do not disturb ongoing operations or employees. Showings and full disclosure packages available by appointment only.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Sitong Liu (laratherealtor@gmail.com) from Listing Office: CBD Investment Inc T.C..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.