HUGE Price Improvement! Here lies is a long-standing cafe/sandwich shop that boasts a long, 40 year history of creating delectable pastries, breads, sandwiches, drinks, and desserts that have won the hearts (and taste buds) of generations. Owners have a special pride that they would now like to pass along to a new owner to take the cafe to new levels. The location has beautiful frontage and visibility with its bright colors and ample patio seating which really makes for a comfortable dining experience. There is tons of potential for the new owner to cater events, host events, convert to a different restaurant concept, deliver with Uber, GrubHub, Postmates, etc. upgrade license privileges with a Beer and Wine license, and so much more! This location has low rent (3192) and rent will be the same for 10 years with a possible option to extend! Drive by/dine only. Signed NDA required for financials.
The median home value in Palos Verdes Estates, CA is $2,600,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Palos Verdes Estates, CA is $2,600,000. Approximately 80.76% of Palos Verdes Estates homes are owned, compared to 10.61% rented, while 8.64% are vacant. Palos Verdes Estates real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palos Verdes Estates real estate agent to arrange a tour today!
Palos Verdes Estates, California has a population of 13,403. Palos Verdes Estates is more family-centric than the surrounding county with 35.14% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Palos Verdes Estates, California is $202,569. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Palos Verdes Estates is 51.8 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 48.6 degrees. The average rainfall is approximately 15.2 inches per year, with 0 inches of snow per year.