Address
7115 Beach Boulevard Buena Park, CA
Price
$ 3,988,000
Property Attributes
  • MLS#OC19106052
  • TypeCommercial
  • CountyORANGE
  • CityBuena Park
  • AreaBuena Park
  • Zip90620
  • StyleRetail
  • Price$ 3,988,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4150
Listing Provided Courtesy Of:
Ramzi Rabbat with Realty One Group West.
Property Description

This building / Mediterranean Restaurant in Buena Park is an iconic restaurant/hookah lounge and banquet hall located in the heart of Orange County, CA. This location is approximately 9,150 Sq. Ft., including patio space. Recently Remodeled in 2005 and again in 2018 with permits and approvals from city of Buena Park (Please note the Property is for sale only, not the restaurant business). There is a little less than 5 years left on the lease at $20,000 / month with an increase of 2% annually. Approx. 5% Cap Rate. This investment is extravagantly built with imported goods, architecture, and decor. The restaurant also contains an equally luxurious and large patio area with water fall fountains, imported stone and an expansive seating area. Awarded numerous awards and recognition, this Mediterranean Restaurant is one of Orange County's premier venues for large private parties as well as a trendy hookah lounge restaurant. The restaurant has frontage plus prominent monument signage directly on Beach Boulevard and is situated on a highly visible pad in a Target anchored shopping center. Walking distance to "The Source Development" 450,000 sq. ft. of urban retail. This property is conveniently located in the Entertainment corridor right off Beach Boulevard exit on the 91 Freeway in Buena Park. The property's frontage on Beach Boulevard gives the site visibility to over 61,000 vehicles per day and is also close to Orangethorpe Avenue boasting an additional 31,000 vehicles per day.

Price History
5/7/2019 Listed $3,988,000

General Features

Building Name Golden Rose
Directions Beach Blvd and 91 Freeway
Heating Central
Listagentaor Orange County
Listing Agent Ramzi Rabbat - BRE#01863335
Listing Agent State License 01863335
MLS Area 82 - Buena Park
Price Per Square Foot 960.96
Property SubType Retail
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Source System CRMLS
Special Listing Conditions Standard

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features In Kitchen
Total Stories 1

Exterior Features

Building Area Total 4150.00
Land Use Other, Retail
Lot Size Source Assessor
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90620

Price
AVG $1.12M
$3.99M
Visits
AVG 65
106
Year Built
AVG 1986
1970
Walkscore
AVG 69
69
Data Provided by Walkscore ® not using MLS data

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