3108 16th Street
$600,000
True turn-key sports bar and restaurant located at 16th and Valencia, bordering the two most commercially desirable blocks of the Valencia Street Corridor. The property has 36 feet of sunny South-West frontage with sidewalk seating for 18 and parklet seating 20. Inside there is approximately 2,447 s.f. of ground floor service space divided equally between the bar and the dining room. Legal capacity is 93 pers. There is another approximate 1,600 s.f. in mezzanine and basement space for back-office, storage and a large walk-in. (1 of 2) Rent is currently $10,500 on an assignable Net Lease with 3 years remaining and a seven-year option The bar/restaurant was very profitable prior to Covid. Sales price includes a valuable Mission RUD Type 47 full Liquor License, all FF&E plus substantial 2020 upgrades to the building including new, UV/HEPA ventilation system, refinished flooring, bathrooms, boiler and more. Business was opened sporadically during Covid.