Torrance Bar/Restaurant Opportunity For
For Sale
Contact for pricing
Torrance Blvd And Sartori Ave, Torrance, CA 90501
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 Market1073
Property Features for Torrance Blvd And Sartori Ave
General Information
Standard status
Active
Size
3,932 SF
Class
A
Lot size
0.17 Acres
Property subtype
Retail
Zoning
TODC-CTR
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$200,000
Building Details
Year Built
1941
Year Renovated
2014
Buildings
1
Tenancy
Single
Listing Agency:
Kidder Mathews El Segundo
Listed By:
Tyler Griffith · License #CA 02190756
(310) 906-3282
Source:
Crexi
Added: Nov 8, 2023
Changed: Oct 11
Last Checked: Oct 14 at 9:52PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,488
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,129,760
$2.1M
Cap Rate 7%
$1,521,257
$1.5M
Cap Rate 9%
$1,183,200
$1.2M
Market Conditions
NOI Build-Up for 3,932 SF
Gross rent
$145.3K $36.96/SF
− Vacancy
−$3.3K −$0.85/SF
EGI
$142.0K $36.11/SF
− OpEx
−$35.5K −$9.03/SF
NOI
$106.5K $27.08/SF
Area
Torrance, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,129,760
Cap Rate 7%
$1,521,257
Cap Rate 9%
$1,183,200
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,204
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 30%
Dining 16%
Home Improvements & Furnishings 2%
Ralphs
Groceries
53,847 visits/mo
0.3 miles
Daiso USA
Shops & Services
21,665 visits/mo
0.2 miles
ARCO
Shops & Services
15,043 visits/mo
0.4 miles
Starbucks
Dining
14,751 visits/mo
0.3 miles
Bank of America
Shops & Services
11,934 visits/mo
0.2 miles
Demographics for 90501, CA
43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- The Crest Sports Bar & Grill — 1625 Cabrillo Ave, Torrance, CA 90501
- Hisaya Kyoto Chestnuts — 1757 W Carson St ste f, Torrance, CA 90501
- Club Zero Entertainment — 1659 W Carson St, Torrance, CA 90501
- Pharaohs Shisha lounge — 1640 W Carson St suite d, Torrance, CA 90501
- Keegan's Sports Lounge & Grill — 1434 Marcelina Ave, Torrance, CA 90501
Frequently Asked Questions
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**.
