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Cocktail Bar with Liquor Licenses
For Sale
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2428 S Garfield Ave, Monterey Park, CA 91754

For sale cocktail bar offering the business and 48 liquor licenses.

Property Size2,171 SF
Price / SF$1,335
Days on Market624

Property Features for 2428 S Garfield Ave

General Information

Standard status Active
Size 2,171 SF
Property subtype RETAIL

Additional Details

Business Included Yes
Liquor License Yes
Listing Agency: Pinnacle Real Estate Group
Listed By: Irene A. Lin, CCIM · License #00875091
Source: Moodyscre
Added: Nov 20, 2024 Changed: Jul 30 Last Checked: Aug 5 at 12:51PM

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 Pinnacle Real Estate Group

Investment Insights

Based on property information with market context.

This for-sale cocktail bar includes the business and 48 liquor licenses. The concept is centered on serving grill your own steak, burgers, pizza, Mexican, finger foods, and other menu items, with a history described as serving guests since 1955.

The property is located at 2428 S Garfield Ave in Monterey Park, CA 91754, with a total property size of 2,171 square feet.

The current remarks suggest continued operational focus through extending daily operating hours and offering service 7 days/week, subject to applicable approvals.

Key Highlights

  • 48 liquor licenses included with the business
  • 2,171 square feet
  • Located at 2428 S Garfield Ave, Monterey Park, CA 91754

Property Analytics

Current Use

Venice Room Bar & Pub

Suggested Use

Top Pick Gym & Fitness Center Auto Parts Store Electrical Service HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
Under-served
Demand for This Use

Demographics for 91754, CA

33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Starbucks 2469 Via Campo, Montebello, CA 90640
  • Hole in One bar and grill 886 N Garfield Ave, Montebello, CA 90640
  • Starbucks 2230 S Atlantic Blvd, Monterey Park, CA 91754
  • El Torito Cafe East la 5720 1/2 E Beverly Blvd, East Los Angeles, CA 90022
  • Venice Room 2428 S Garfield Ave, Monterey Park, CA 91754

Frequently Asked Questions

What type of property is this?
Bar & Pub - For sale cocktail bar offering the business and 48 liquor licenses.
Where is this bar & pub located?
The property is located at 2428 S Garfield Ave Monterey Park, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 48 liquor licenses included with the business; 2,171 square feet; Located at 2428 S Garfield Ave, Monterey Park, CA 91754
(626) 826-7980 Call to check price and availability
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