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For Sale

$85,000

62 days on market

501 Garvey Avenue

Monterey Park, CA 91745

· 8% down, 7% APR, 30yr fixed

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Listing narrative

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.

Listing agent (MLS): Sitong Liu · Listing brokerage (MLS): CBD Investment Inc T.C.

Property Details

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Price

$85,000

Beds

Beds n/a

Type

Commercial

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

62

· 8% down, 7% APR, 30yr fixed
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Courtesy of CBD Investment Inc T.C.