Gorgeous space for lease in busy downtown Los Gatos. The space is located on East Main Street, in a bustling area with boutique retail shops, restaurants, theaters, and museums. There is a significant amount of foot traffic in the area seven days/week. Median family income in the area is high, and locals tend to dine out frequently. The space is a historic building, and features a gorgeous brick exterior. It is not currently built out as a restaurant, and will need to be converted - but the landlord will provide a tenant improvement allowance to the right buyer with the right concept to facilitate this process. The city of Los Gatos will provide a $10,000 grant and technical assistance to support the development of a parklet.

General Info

  • OrganizationContact For Info
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesN/A
  • Reason For SaleOther Interests

Facilities

  • SeatingContact for Info
  • Square Feet2,161
  • ParkingParking Lot and Street Parking
  • LicensesConditional Use and Health Permit, Business License
  • Open HoursContact for Info

Lease

  • RentAsking Rent $5.00 Per Sqft - Negotiable
  • Expiration5+ Year - Negotiable
  • Yearly IncreaseNegotiable
  • Option5 Year Option
  • DepositNegotiable

Financials

  • Monthly RevenueN/A
  • Monthly Cash FlowN/A
  • Annual RevenueN/A
  • Annual Cash FlowN/A
  • PayrollN/A

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location