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Starting a restaurant in Los Angeles. It’s not as easy as you think – but we can help!
For Sale /M SF /SFLease Type :How to start a restaurant in Los Angeles We get calls everyday from people who would love to break into the Downtown Los Angeles restaurant market.Many people think you can go out and find a space, put in your equipment and furniture, have the health department sign off, and then start making money. If only it were that simple. Unless you are assuming an existing business and changing nothing you will generally have to go through a change of use through building and safety. You have to have your restaurant fully designed and planned and wait for their review before you get to start renovating. Most full service restaurants need to serve alcohol to hit their profit margins which involves a conditional use permit. Both of these are long and complicated processes which involve going in front of local area councils, LAPD, and the department of building and safety. It's no easy feat. You have to be prepared to pay rent on a space for anywhere from 10 to 12 months before you open your doors. We at dtlarealestate.com understand that for many individual owners this is not possible. As we don't believe that the only people in hospitality in downtown should be large corporate entities or millionaire owners, we like to assist potential owners in negotiating the best deal to mitigate these challenges. We can help negotiate periods of free rent or tenant improvements by the property owners to assist you. We also have close relationships with permitting experts that specialize in downtown. We even have a member of our staff who has a decade of experience in the hospitality field. There is no better brokerage in downtown to help you opening a restaurant in Los Angeles! Especially leasing a restaurant in Downtown LA! ,How to start a restaurant in Los Angeles How to start a restaurant in Los Angeles OUR COMMERCIAL LEASE LISTINGS OUR COMMERCIAL SALES LISTINGS
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Restaurant Space for Lease in Downtown Los Angeles
For Sale /M SF /SFLease Type :Excellent restaurant space for lease in Little Tokyo! Also have plenty of retail space for lease in DTLA including in the Historic Core, Fashion District, Chinatown, South Park District, and Bunker Hill. This particular space already has the permits ready to go for a restaurant! That's a big deal in Los Angeles, because applying for change of use permits is a nightmare! This space would be excellent for a restaurateur to bring her concept to life in a blossoming shopping center in Downtown Los Angeles. More to come!
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Help Buying & Selling Commercial Real Estate in Downtown Los Angeles
For Sale /M SF /SFLease Type :Whether it be Little Tokyo, Skid Row, the Arts District, the Jewelry District, the Old Bank District, the Historic Core, Chinatown, the Toy District, the South Park District, the Fashion District, the Central Business District, or Bunker Hill we have got you covered for help buying and selling commercial real estate. Do you want to buy or sell an office building, retail building, strip center, shopping center, industrial property building, or warehouse building? Not all Downtown LA Commercial Real Estate Brokers are created equal. My knowledge about the culture and the development trajectory of the market in DTLA, partnered with the experience of my colleagues, is unmatched. Commercial buildings are everywhere in Downtown. Some are way over priced. Some are good deals. The commercial real estate market in Downtown is dynamic. Different future improvements in different areas affect the future value of neighboring buildings. You need an agent or a broker with their ear to the ground and in the know about what's coming and the perceptions of differing neighborhoods. With this information you're more capable of making strategic maneuvers that having a broker not experienced with Downtown LA wouldn't be able to. You know what to do! Call (213) 304-4727 now! Thanks for reading our DTLA commercial real estate blog! lic#01753250
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Artist Needed for Creative Office Building’s Lobby
For Sale /M SF /SFLease Type :I can't believe I haven't posted about this building yet! Sorry guys, it's been about a month or two since before my last previous post. But here I am back in action to update you about what's happening with commercial real estate in Downtown LA! So! This building actually changed hands recently. About two months ago, escrow closed and this building is officially under new management and ownership! While dtlarealestate.com was not part of this transaction, it was on our radar as an excellent creative commercial real estate building for sale in DTLA and we're grateful to be a part of the leasing! By the way, this building has cool industrial warehouse space for lease at only $1psf!! Located at 155 West Washington Boulevard, this building is known by most as the West Washington Building. So the lobby, hallways, and common area restrooms were renovated about two years ago or something like that. But as you can see from the photos, there is something lacking in the lobby. A fresh and inspirational creative vibe is needed because, for God's sake, this is a creative office building! I always like to add art to buildings, and it's been fantastically successful at other buildings, most notably the Allied Crafts Building. So the hunt for an artist is on. And despite lengthy procrastination on someone's part, cough, me, cough, it's moving forward. I've received around 15 submissions so far of different artists wanting to bring this lobby to life! There's still time however! Just email donegan@dtlarealestate.com And of course, if you or someone you know is looking for commercial real property for rent in DTLA give us a call! Contact the broker directly at (213) 304-4727! I'll be sure to update you when the new art work on the lobby progresses and any new info on our commercial real estate agency here in the glorious center of the universe, Downtown Los Angeles!
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NEW! Downtown Los Angeles Jewelry District Retail Space for Lease Built 1907!
For Sale /M SF /SFLease Type :So basically I've been trying to get this listing for a year. It's a long story, not one of the likes that would excite you, so I'll leave it out. But with some very random very lucky chance, here it is! This building is a four story building built in 1907 on Olive Street between 6th Street and 7th Street in Downtown LA's Jewelry District. Like many buildings of its time, this building is built out of raw wood and raw brick, and luckily for us that's a style that's really desirable in Downtown Los Angeles right now. I don't know exactly how big each floor is, but it is around 6000 square feet. The third floor is occupied by the owner's company, a jewelry business. But at this moment, the second and fourth floor are completely empty! So the retail space on this building has had a sign that says "Office Space for Lease" on it forever, and it isn't obvious that the retail space is available because it's not an all glass store front. But there's a "Retail Space for Lease" sign on it now, by the likes of yours truly. Apparently the retail space was a restaurant space a long time ago, and when they vacated the completely gutted the space down to it's bare bones, as you can see from the photos. So, yes, you'll have to use your imagination with this space! I believe it would be great for a restaurant space for lease because one of such seems like a good addtion to the mix of the current tenants which are a cafe and a liquor store. Additionally, there is an Italian Restaurant space behind the building that is also part of this property, which is another unique thing about the building. The existing restaurant is basically hidden and to access it you need to walk past through the lobby to this discrete hallway! As for the creative office space available upstairs, what makes it unique is the classy historic feel. I could see a progressive law firm occupying the space. Again, raw brick walls, exposed flat ceilings, and the units currently have old drabby carpeting that can be removed to expose the original raw wood floor, which can be sanded and refinished for the tenants. The building does indeed have a passenger elevator and the stairwell to the upper floors has a beautiful glass enclosure that reveals the wooden stair case and raw brick wall from the interior. There's space available ranging from 300sf to about 6000sf. It's currently being listed at $2 per square foot with move in specials! For more info and touring information see the link-tabs above or just call the phone number on the headline of this page! This has been another blog report on Downtown LA commercial real estate, by broker Donegan McCuaig. Thanks for reading!