74 W Sierra Madre Boulevard, Sierra Madre, CA 91024
Commercial property · 2 recorded sales since 2015
Sold July 2019
Listing Agent: Ricky Budiono (DRE #01894108) · Listing Office: VasTree Real Estate · Contact: 626-294-9900 · Bought with: Andre Nonmember · CRMLS · MLS #AR19086425 · Source: CRMLS
How this sale compares
74 W Sierra Madre Boulevard sold for $790,000 in July 2019, 5.3% over its $750,000 list price.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Beautiful restaurant building for sale. Measured by appraiser at 1,076sf, with plans to build a second story addition around 500sf more. Over $150,000 in improvements on the property to get it approved for restaurant use, and $80,000 in equipment, fixtures, and furniture, etc. Located in the heart of gorgeous Downtown Sierra Madre, across the street from the historic Sierra Madre Playhouse. This building qualifies for an SBA loan, or as an EB5 Investment Visa (as per SBA loan officer and immigration lawyer). Included are plans for a second story office, wine storage area, herb garden and open air patio with amazing mountain and city views. Two restrooms, one ADA compliant. Beer and Wine license included. Come have brunch, lunch, or dinner in this quaint little French Bistro in this fabulous little town sandwiched between Pasadena and Arcadia. DO NOT DISTURB STAFF OR DISCUSS THE SALE OF PROPERTY ON LOCATION.
Listing description from the July 2019 sale, as reported to CRMLS.
Sale history
