For Lease
$24/SF/YR

840 Spring StLos Angeles, CA 90014

Turnkey, Iconic Downtown LA Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5,356 square foot, second-generation restaurant and bar presents a unique investment opportunity in the heart of Downtown Los Angeles. Situated on a signalized corner at the intersection of Spring and Main Streets, this property boasts a prime location with high visibility and foot traffic. The space is currently configured as a fully operational restaurant and bar, requiring minimal capital investment to begin operations. The "Flat Iron" building is an iconic landmark, adding to the property's inherent appeal and brand recognition. The layout includes a spacious interior dining area, a fully equipped bar, and two inviting outdoor patios, perfect for expanding seating capacity and creating a vibrant atmosphere. The property is zoned LAC2, allowing for a variety of uses within the permitted zoning regulations. This turnkey operation eliminates the need for extensive renovations or build-outs, allowing for a swift and efficient transition to new ownership. The absence of any key money requirement further enhances the attractiveness of this exceptional offering. This is a rare opportunity to acquire a well-established, high-profile restaurant and bar in a thriving Downtown LA location. The property's size, location, and existing infrastructure make it an ideal investment for experienced restaurateurs or those seeking a profitable venture in a dynamic urban market. The building's iconic status and prime corner location ensure maximum visibility and accessibility for patrons. This is a truly exceptional opportunity not to be missed.

Highlights

  • Downtown LA Retail/Restaurant space, 5,356 square feet.
  • Single-tenant occupancy.
  • Located at the signalized corner of Spring and Main Streets.
  • Second-generation restaurant and bar with two patios.
  • Zoned LAC2.

Property Details for 840 Spring St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,356 SF

Unit(s) available at that property

Space
Size
5,356 SF
Rate per SF
$24

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.042381661251
Longitude
-118.25436357238
840 Spring St, Los Angeles, California

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840 Spring St
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