570 570 Lighthouse Avenue

Monterey, CA 93940

PRICE REDUCED

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-$225,000 (-56.25%)

$175,000

List Price

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Property Description

Within the last two years the Owner has newly renovated with new wall plaster, paint, floor drains, electrical, plumbing, and the fire system. The fixtures and equipment are new in the last two years, and they are all owned and not leased. The beautiful wood ceiling adds to the enjoyable ambiance making options for this to be almost any kind of restaurant. The Owner is selling this last one of his restaurants to retire. It is a wonderful location and fabulous opportunity with two businesses in one including a catering license and restaurant being sold together. The current menu includes a variety of food for breakfast, lunch, and dinner from eggs benedict to your juicy hamburger, and more! Guests can enjoy a choice of inside or outside seating. There is plenty of street parking and also parking spaces in back. The store front can be easily seen by drive by traffic. Foot traffic has an easy walk to the Monterey Bay Aquarium and there are plenty of other places nearby to enjoy in Monterey and very nearby Pacific Grove. Mando's has been at this specific location about two years now. The building is not owned by the restaurant and is not included in the sale. However, there is a favorable lease in place in which the Buyer would request to have remain in place.

Listing Information

List Price $175,000
Status Active
MLS ML81978145
HOA $0
Type Business
Lot Size 1,020
Structure Size N/A
DOM 23
Courtesy Of Epique Realty
Listing Agent Michelle Rico DRE#02210817
Co-Listing Agent Cyndi Jo Josefson DRE#02172771

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Michelle Rico, Cyndi Jo Josefson, Epique Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 8:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.