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Restaurant with Beer and Wine License
For Sale
$500,000

720 N Lake Avenue, Pasadena, CA 91104

Existing Mediterranean dining operation with gluten-free choices, wheelchair accessibility, and space suited to private events.

Property SizeContact for details
Days on Market55

Property Features for 720 N Lake Avenue

General Information

Standard status Active
Property subtype BusinessOpportunity

Amenities

wheelchair accessibility
Listing Agency: Homes for You
Listed By: Zorik Pirijanian
Source: Realtyrightchoice
Added: Jul 9 Changed: Aug 29 Last Checked: Aug 31 at 5:17PM

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 Homes for You

Investment Insights

Based on property information with market context.

This conventional restaurant operates as a Mediterranean dining concept with a menu that includes gluten-free selections. The source information also identifies family recipes, fresh ingredients, and a comfortable dining atmosphere as part of the operation. Customer-facing features include ample parking and wheelchair accessibility.

The business includes a beer and wine license and a COP for full liquor licensing. Private parties are accommodated, and the rear area is identified in the property information in connection with potential hookah-lounge use. The existing restaurant format provides a defined framework for continued food service operations.

Key Highlights

  • Mediterranean restaurant concept with gluten‑free menu choices
  • Beer and wine license in place
  • COP for full liquor licensing

Property Analytics

Current Use

Botanica San Antonio Religious Bookstore SmarterHome.ai - Compare Local ... Telecommunications Service Loan Till Payday ... Loan Service Amazon Hub Counter ... Marketing & Advertising JMG Wireless Electronics & Wireless Store

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Butcher Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

1,127
Businesses Nearby
228k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 30% Electronics 2%
Chick-fil-A Dining
38,230 visits/mo 0.1 miles
McDonald's Dining
37,457 visits/mo 0.1 miles
Starbucks Dining
26,460 visits/mo 0.1 miles
The Hat Dining
23,456 visits/mo 0.4 miles
Mobil Shops & Services
22,837 visits/mo 0.5 miles

Demographics for 91104, CA

34,707
Population
14,381
Households
2.4
Avg Household Size
42
Median Age
51%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
9,133
Density / Sq Mi
$103,052
Median Household Income
$53,827
Median Earnings
$2,040
Median Rent
$1,022,600
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing Mediterranean dining operation with gluten-free choices, wheelchair accessibility, and space suited to private events.
Where is this conventional restaurant located?
The property is located at 720 N Lake Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Mediterranean restaurant concept with gluten‑free menu choices; Beer and wine license in place; COP for full liquor licensing
More about this property
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