10563 Riverside St

Toluca Lake, CA 91602

$375,000

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Property Description

This well-established Baskin-Robbins location has been a beloved fixture in the affluent Toluca Lake neighborhood for the past 52 years. Positioned on a bustling street, this ice cream shop has been the go-to destination for locals and visitors alike. The store recently underwent a comprehensive remodel, including modernized interiors and an updated exterior sign, enhancing its appeal and customer experience. The lease was recently renewed and is secured for another five years, with an additional five-year renewal option available, all at an exceptionally low rental rate. This is a rare opportunity to acquire a thriving business in a prime location with a long-standing reputation for quality and service.

Listing Information

List Price $375,000
Status Active
MLS SR24221457
Type Business
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Courtesy Of The Agency
Listing Agent Ray Akbari DRE#01447600
Co-Listing Agent Cyrus Ahmadi DRE#01098856

Interior Features

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Maps

Listing information courtesy of: Ray Akbari, Cyrus Ahmadi, The Agency 818-400-4344. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 8:38 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.