Ground-Floor Bar Restaurant with
For Lease
$5.50 SF/Yr
1155 S Grand Ave - R1, Los Angeles, CA 90015
Ground-floor restaurant with patio and a Type 47 license, designed for immediate operation within a luxury high-rise condo building.
Space Size2,137 SF
Property Size2,170 SF
Days on Market48
Property Features for 1155 S Grand Ave - R1
General Information
Standard status
Active
Size
2,137 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Business Included
Yes
Liquor License
Yes
Multifamily Units
311
Building Details
Building Size
2,170 SF
Year Built
2008
Stories
24
Spaces For Lease
at 1155 S Grand Ave - R1 Contact us- Size
- 2,137 SF
- Term
- Negotiable
1155 R1 $5.50/SF/Mo
Listing Agency:
CBM1 West Los Angeles
(310) 779-9565
Listed By:
Jason Ehrenpreis · License #CalDRE #1741961
(310) 779-9565
Source:
Cbm1
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBM1 West Los Angeles
Investment Insights
Based on property information with market context.
Restaurant space located on the ground floor of The Shops at Evo, the retail condominium portion of the Evo high-rise residential tower completed in 2008. The premises include a bar and restaurant configuration with a Type 47 license, supported by on-site kitchen facilities and a fully stocked bar, and feature an outdoor patio for alfresco dining.
The building is a 24-story, 311-unit LEED Certified development, described as a Silver Award project. The restaurant has an occupancy permit for 78 inside and 32 on the patio, providing clear guidance for seating capacity under the existing approvals.
This space is well suited for an operator seeking a turnkey bar/restaurant environment inside a luxury condo setting, with an established liquor-licensing foundation and interior plus patio capacity defined by the current occupancy permit. The layout is positioned for a straightforward opening, supported by the property’s in-place restaurant equipment and ready-for-operation setup.
The building is a 24-story, 311-unit LEED Certified development, described as a Silver Award project. The restaurant has an occupancy permit for 78 inside and 32 on the patio, providing clear guidance for seating capacity under the existing approvals.
This space is well suited for an operator seeking a turnkey bar/restaurant environment inside a luxury condo setting, with an established liquor-licensing foundation and interior plus patio capacity defined by the current occupancy permit. The layout is positioned for a straightforward opening, supported by the property’s in-place restaurant equipment and ready-for-operation setup.
Key Highlights
- Ground‑floor restaurant/bar space in Evo (completed 2008) within the Shops @ Evo at Downtown LA/South Park
- 2,137 SF interior bar/restaurant with Type 47 license
- Occupancy permit: 78 inside and 32 on the patio
Property Analytics
Property Profile
Current Use
Lease Details
311
Residential units
Turnkey business
Opportunity
Yes
Liquor license
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
14,946
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Ground-floor restaurant with patio and a Type 47 license, designed for immediate operation within a luxury high-rise condo building.
Where is this bar & pub located?
The property is located at 1155 S Grand Ave - R1 Los Angeles, CA.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Ground‑floor restaurant/bar space in Evo (completed 2008) within the Shops @ Evo at Downtown LA/South Park; 2,137 SF interior bar/restaurant with Type 47 license; Occupancy permit: 78 inside and 32 on the patio
