Property summary
This exceptional commercial property, located at 13015 Philadelphia Street in Whittier, California, presents a unique investment opportunity. The 3,563 square foot building sits on a 0.08-acre lot in the heart of Uptown Whittier, near affluent neighborhoods like Friendly Hills, Sun Gold Hills, Marvista, Michigan Park, and Whittwood Heights. Currently operating as a fully remodeled restaurant and bar, the property boasts a sophisticated ambiance that attracts a loyal clientele. However, its versatile design allows for a variety of upscale uses, including different restaurant concepts, live entertainment venues, or nightclubs. The strategic location ensures high foot and vehicle traffic, maximizing visibility and accessibility. The sale includes all equipment, furniture, and fixtures. A significant advantage is the inclusion of a 1,500 square foot basement featuring a walk-in refrigerated liquor room and an elevator shaft, along with dedicated office space. The property also benefits from ABC liquor licenses 47 and 58, ideal for off-site catering. The City of Whittier permits the construction of a patio or additional outdoor entertainment space, further enhancing the property's potential. The large, fully equipped kitchen allows for extended operating hours, currently permitted until 2:00 AM daily. This turnkey operation represents a substantial investment opportunity with significant upside potential. The asking price is $2,200,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
WHC2UD* · Whittier, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for WHC2UD* in Whittier, CA.
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