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$ 85,000
Est. payment /mo
New
501 Garvey AVE Monterey Park, CA 91745
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26195229
HOA Y/N No
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.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Listed by Sitong Liu CBD Investment Inc T.C. 626-238-8968, DRE #02038481