8950 Laurel Canyon, Los Angeles, CA 91352
sale
$4,900,000
|
Retail
Courtesy Of KB Real Estate
Second Gen Restaurant & Event Venue or Redevelopment Opportunity - Located on the highly traveled Laurel Canyon Boulevard and the I-5 Freeway in Sun Valley. Popularly known as Big Jim's restaurant, the property presents an outstanding opportunity for investors and owner-users seeking a well-positioned restaurant property in the San Fernando Valley. The offering includes a 8,515 (+/-) s.f. second generation restaurant which operates as a restaurant, bar, entertainment and event venue (includes an entertainment license)with indoor and outdoor seating. Liquor license is not included in the sale. Also included in the sale is the adjoining lot - together the two lots total approximately 37,282 s.f. of land. The property benefits from excellent street visibility at the signalized intersection of Laurel Canyon Blvd. and Sheldon St. traveled by over 41,000 vehicles per day, strong traffic exposure with a pylon sign; and convenient access to major transportation routes serving the greater Los Angeles region such as the I-5 Freeway. Surrounded by established residential and commercial developments, the site offers long-term value and potential for a variety of business or investment objectives. Its strategic location, accessibility, and prominent presence make this an attractive opportunity in a dynamic Southern California market.
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Property Features
- Age: 41-50 Years Old
- MLSID: IV26182772
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