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Listed by Richard Kim • Coldwell Banker Best Realty
$ 2,950,000
Est. payment /mo
New
Wilmington, CA 90744
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25215190
Year Built 1963
Property Sub-Type Business
Property Description
Absentee-Owner Freestanding Restaurant + Real Estate | Prime Location
Outstanding opportunity to acquire a freestanding commercial building with land located on Anaheim St. City of Willington with opportunity zoning, offering excellent visibility, strong traffic counts, and over 75 on-site parking spaces. The property has been home to a long-established restaurant since 1963 and is being offered with both the real estate and the business included.The building comprises approximately 3,248 SF of interior space with high ceilings, situated on a 21,447 SF lot with alley access. Well-maintained and highly functional, the property includes a spacious dining area, two ADA-compliant restrooms, central HVAC.Currently operating as Eat at Rudy's, a popular traditional American restaurant, the business is ABSENTEE-RUN by employees and serves breakfast and lunch. An ABC license is included in the sale. The property currently generates an approximate 8% cap rate, with significant upside potential through extended hours, expanded menu offerings, or strategic operational improvements.With its rare combination of location, visibility, parking capacity, and existing business cash flow, this asset is ideal for both investors seeking stable income with growth potential and owner-users looking for a premier location in a high-demand corridor.
Outstanding opportunity to acquire a freestanding commercial building with land located on Anaheim St. City of Willington with opportunity zoning, offering excellent visibility, strong traffic counts, and over 75 on-site parking spaces. The property has been home to a long-established restaurant since 1963 and is being offered with both the real estate and the business included.The building comprises approximately 3,248 SF of interior space with high ceilings, situated on a 21,447 SF lot with alley access. Well-maintained and highly functional, the property includes a spacious dining area, two ADA-compliant restrooms, central HVAC.Currently operating as Eat at Rudy's, a popular traditional American restaurant, the business is ABSENTEE-RUN by employees and serves breakfast and lunch. An ABC license is included in the sale. The property currently generates an approximate 8% cap rate, with significant upside potential through extended hours, expanded menu offerings, or strategic operational improvements.With its rare combination of location, visibility, parking capacity, and existing business cash flow, this asset is ideal for both investors seeking stable income with growth potential and owner-users looking for a premier location in a high-demand corridor.
Location
State CA
County Los Angeles
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
