Listing Agency: JohnHart Real Estate 323-363-3637 Overview Other property details Hopeway Realty Group | CA DRE# 02065724 Request a tour Contact agent Request a tour Contact agent Listed by Arsen Grigoryan CA DRE# 02216049 with JohnHart Real Estate 323-363-3637

Listed By: Arsen Grigoryan CA DRE# 02216049 · License #02216049 Show Phone

Source: Hopewayrealtygroup

Added: Apr 23 Changed: Sep 8 Last Checked: Sep 12 at 9:33AM

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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 JohnHart Real Estate 323-363-3637 Overview Other property details Hopeway Realty Group | CA DRE# 02065724 Request a tour Contact agent Request a tour Contact agent Listed by Arsen Grigoryan CA DRE# 02216049 with JohnHart Real Estate 323-363-3637

Investment Insights

Based on property information with market context.

Ruby Restaurant and Venue combines a functioning dining operation with a separate banquet hall for event use. The layout supports regular restaurant service as well as private celebrations, corporate gatherings, and other hosted occasions. The banquet area accommodates approximately 70 guests, providing a defined setting for larger groups within the property.

Located at 325 N Verdugo Rd in Glendale, California, the property serves both restaurant and event functions from one location. Its configuration includes the restaurant setting, dedicated event space, and a flexible operating format suited to a range of dining and gathering concepts.

Key Highlights

• Restaurant and dedicated banquet hall under one roof
• Banquet area accommodates approximately 70 guests
• Supports restaurant service and private event hosting

Property Analytics

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Current Use

Roobic's Cafe Restaurant Ruby Restaurant and Venue Take-out & Catering Ruby Banquet Hall Wedding Service william Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Bar & Pub Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

2,644

Businesses Nearby

376k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Groceries 29% Shops & Services 28% Apparel 3%

Ralphs Groceries

65,648 visits/mo 0.1 miles

McDonald's Dining

41,662 visits/mo 0.1 miles

Smart & Final Groceries

41,457 visits/mo 0.4 miles

Shell Shops & Services

25,704 visits/mo 0.1 miles

ARCO Shops & Services

19,059 visits/mo 0.4 miles

Demographics for 91206, CA

33,252

Population

13,767

Households

2.4

Avg Household Size

43

Median Age

47%

College-Educated

90%

High-School Grad

5.8 sq mi

ZIP Area

5,733

Density / Sq Mi

$86,684

Median Household Income

$52,517

Median Earnings

$2,159

Median Rent

$1,094,100

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Dining space includes a dedicated hall for private events and group gatherings.

Where is this conventional restaurant located?

The property is located at 325 N Verdugo Road Glendale, CA.

What is the asking price?

The asking price for this property is $220,000.

What are key features of this property?

This property features: Restaurant and dedicated banquet hall under one roof; Banquet area accommodates approximately 70 guests; Supports restaurant service and private event hosting