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Daina Burness

San Marino CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in San Marino, CA is $2,275,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in San Marino, CA is $2,275,000. Approximately 87% of San Marino homes are owned, compared to 8% rented, while 5% are vacant. San Marino real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact San Marino real estate agent to arrange a tour today!
Learn more about San Marino.


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Beds:
n/a
Baths:
Sq.Ft.:
4,500
Status:
Active
MLS#:
SB21224209
Type:
Retail
Lot size:
0.14 Acres
Year built:
1927
Listing Agent: Jim Menton - The Realestate Group
View additional info

Trophy single tenant net leased investment in super upscale San Marino, the iconic gourmet restaurant/market business, has been known for 36 years as Julienne. The Spanish colonial architecture and sidewalk eating area patio and ultra elegant interior are a true "pride-of ownership" asset. This proven location, a familiar site to locals and celebrities alike, has scaled back the menu to focus more on prepared dishes, frozen entrees for take-out, boutique wines, homemade sweets, and gifts, yet remains an exceptionally strong viable business regardless of the pandemic. The long standing restaurant/market location is unique in walking distance from the dense residential area, as well as providing substantial parking in and around Mission Street. Quite simply, there is no seriously competitive iconic proximity for business in the small upscale downtown San Marino. The existing lease is structured as NNN with the exception of face/exterior walls and roof, This is truly a singular exceptional property which represent an amazing generational investment. Tenant has recently executed option to extend lease to July 2027.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 5/29/2023. 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.
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