Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

840 Spring St Los Angeles, CA 90014

  • Retail properties
  • 5,356 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Polanquito / Mexican Restaurant
  • Polanco DTLA Modern Mexican Steakhouse / Mexican Restaurant

Property Details for 840 Spring St

Property size
5,356 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 5,356 square foot, second-generation restaurant and bar presents a unique investment opportunity in the heart of Downtown Los Angeles. Situated on a signalized corner at the intersection of Spring and Main Streets, this property boasts a prime location with high visibility and foot traffic. The space is currently configured as a fully operational restaurant and bar, requiring minimal capital investment to begin operations. The "Flat Iron" building is an iconic landmark, adding to the property's inherent appeal and brand recognition. The layout includes a spacious interior dining area, a fully equipped bar, and two inviting outdoor patios, perfect for expanding seating capacity and creating a vibrant atmosphere. The property is zoned LAC2, allowing for a variety of uses within the permitted zoning regulations. This turnkey operation eliminates the need for extensive renovations or build-outs, allowing for a swift and efficient transition to new ownership. The absence of any key money requirement further enhances the attractiveness of this exceptional offering. This is a rare opportunity to acquire a well-established, high-profile restaurant and bar in a thriving Downtown LA location. The property's size, location, and existing infrastructure make it an ideal investment for experienced restaurateurs or those seeking a profitable venture in a dynamic urban market. The building's iconic status and prime corner location ensure maximum visibility and accessibility for patrons. This is a truly exceptional opportunity not to be missed.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.254
Latitude
34.0424
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message