215 Reservation Rd, Marina, CA 93933-3059
- Community centers
- 9,113 SF
Current Use by Public Records
- Dunecrest Medical Group / Medical Clinic
- Monterey Bay Laundry Co. / (Bike/Boat/Book/etc) Store
- Grinderz / Food Market / Restaurant
- Monterey Bay Taekwondo Academy / Training Center / Sports School
- Monterey Bay Homes / Construction Company / General Contractor
Property Details for 215 Reservation Rd
- Year built
- 1965
- Construction
- WOOD
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 032-055-015-000
- APU
- 32055015000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 13, 2023 | $16,700,000 | PC Fund I Marina Village LLC | Penny Kanalakis | Grant Deed | — |
| Dec 21, 2020 | — | Mitchell,kent Trust | Kent Mitchell | Affidavit Of Death · related | — |
| Dec 4, 2009 | — | Cattermoul Patricia R Trust | Littlefield,patricia R | Grant Deed · related | — |
| Jun 29, 2007 | — | Mitchell Kent Trust | Mitchell Kent Trust | Quit Claim Deed · related | — |
| May 20, 1994 | — | Mitchell Trust | Mitchell Trust | Quit Claim Deed · related | — |
Description
This exceptional opportunity presents the chance to acquire a well-established and highly profitable Chinese restaurant located at 215 Reservation Road, Marina, CA. Boasting a prime location on a busy commercial street with ample parking, this turn-key operation offers immediate revenue generation. The restaurant features a fully equipped commercial kitchen, comfortable dining area, and all necessary furniture, fixtures, and equipment (FFE). With over a decade of success, Lee's Garden enjoys a loyal customer base and an outstanding reputation built on authentic Chinese cuisine and consistent positive online reviews. Financial records demonstrate strong and consistent profitability, offering excellent profit margins. The 4.55-acre lot provides ample space, and the business presents significant growth potential through expanded delivery services, catering options, or menu updates. This is an ideal acquisition for an experienced restaurateur or a savvy investor seeking a stable and lucrative venture. The asking price is $288,888. Don't miss this chance to own a thriving business in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $16,920,000
- ML approach
- $10,395,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marina
- County
- Monterey
- State
- California
- Longitude
- -121.798
- Latitude
- 36.6877
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
