Torrance Bar/Restaurant Opportunity For
Torrance Blvd And Sartori Ave Torrance, CA 90501
Torrance Blvd And Sartori Ave, Torrance, CA, 90501
Contact for pricing
For Sale
Contact for pricing
Freestanding bar/restaurant with Type 48 liquor license and large patio.
Property Size3,932 SF
Lot Size0.17 Acres
Price / SF$890.13
Days on Market981
Property Features for Torrance Blvd And Sartori Ave
General Information
- Standard status
- Active
- Size
- 3,932 SF
- Lot size
- 0.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1941
Listing Agency
Kidder Mathews El Segundo
(310) 906-3282
Listed by
Tyler Griffith · License #CA 02190756
Source
Crexi
Added: Nov 8, 2023 Checked: Jul 15 at 8:41 pm
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 Kidder Mathews El Segundo
Investment Insights
Based on property information with market context.
This is a freestanding bar and restaurant opportunity located in Torrance. The property includes a Type 48 liquor license. The building has 3,932 square feet of space with a 2,500 square foot patio, situated on a 7,524 square foot lot (0.17 acres). The sale includes the real estate, profitable business, fixtures, inventory, and equipment. The property is located in the Torrance District, which is undergoing revitalization with the city’s Downtown Revitalization and Connectivity Plan. The area is designed to be a vibrant, active, and walkable environment where residents, employees, and visitors can live, work, and play. The location supports local businesses amidst dining, shopping, housing, and recreation. Old Town Torrance is an up-and-coming downtown district in the heart of one of the densest cities in the South Bay. There are many dining establishments, retailers, and neighborhood service tenants in the area.
Key Highlights
- Rare Type 48 liquor license included in sale.
- Profitable bar/restaurant business, real estate, fixtures, inventory, and equipment all included.
- Enjoy the large 2,500 SF patio.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.3k | $36.96 |
| − Vacancy | −$3.3k | −$0.85 |
| EGI | $142.0k | $36.11 |
| − OpEx | −$35.5k | −$9.03 |
| NOI | $106.5k | $27.08 |
3,932 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,488 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$79.66M
$69.70M – $92.94M
NOI $5,576,197 @ 7.0% cap · market cap 159.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
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Similar Off Market Nearby
- Pharaohs Shisha lounge — 1640 W Carson St suite d, Torrance, CA 90501
- Keegan's Sports Lounge & Grill — 1434 Marcelina Ave, Torrance, CA 90501
- The Crest Sports Bar & Grill — 1625 Cabrillo Ave, Torrance, CA 90501
- Club Zero Entertainment — 1659 W Carson St, Torrance, CA 90501
- Hisaya Kyoto Chestnuts — 1757 W Carson St ste f, Torrance, CA 90501
FAQs
What type of property is this?
Bar & Pub - Freestanding bar/restaurant with Type 48 liquor license and large patio.
Where is this bar & pub located?
The property is located at Torrance Blvd And Sartori Ave Torrance, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Rare Type 48 liquor license included in sale.; Profitable bar/restaurant business, real estate, fixtures, inventory, and equipment all included.; Enjoy the **large 2,500 SF patio**.
