Listed by Ri Real Estate Services
$799,000
245 Washington Street
Details
Property Type Special Purpose, Retail
Sub Type Storefront, Hotel
Square Footage 4,023
Net Rentable (SqFt) 4,023
Units 1
Beds 1
Occupancy 100%
Tenancy Single
Price per SqFt $199
Broker Co-Op Yes
Class B
Year Built 1920
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 16,690
Zoning B - ADCD
Investment Type Owner/User
Ownership Multi
Established Bar/Restaurant in Highly Visible Location!
Marketing description
Business, Real Estate & Inventory included. Very rare opportunity to purchase a well-run locally owned & operated business and nicely maintained real estate. Set on a highly visible corner lot with ample parking the real estate features a 4,000+ SF commercial building currently being used as a bar/lounge/billiard hall with full commercial kitchen, walk-in refrigerator, sound system for live music/DJ & more. The real estate also offers all public utilities (water/sewer/gas), young roof, recent updates & fire coded. The business, L.A Cafe, has been a staple for many years and offers a full liquor license, full commercial kitchen, great client base and the potential for increased sales if desired. Please do not visit business without a scheduled showing. Pride of Ownership.
Investment highlights
Highly Visible Location
Open Business
Full Liquor License
Potential Growth
Listing Contacts
Listed by Ri Real Estate Services
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
