Iconic business for sale! The Club Cigar Store has been part of the Downtown LA business scene since 1933 and has been owned by the same family for the past 28 years. Located on the corner of 5th Street and 3rd Avenue South in the historic Henderson & Downer Building (now known locally as The Club Cigar Building). Specializing in cigars, pipes, tobacco, and magazines with lotto, beverages, and souvenirs rounding out the offerings. A multitude of options for growing the business await the new owner. This is a business only sale as there is no ownership on land or building and the buyer would have to confirm lease terms with landlord. The business occupies a commercial condominium space in the restored, mixed use building with residential units above. Virtually all existing equipment, furniture, and fixtures are included. This could be a fantastic opportunity to launch your family business. Please address all inquiries to your agent of choice today! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Total Area
1,800 ft2
Features
See remarks
Lease Time
Monthly
Lease Type
Other, See Remarks
Listing Contract Date
2023-08-01
Municipal ID
0030309520
Ownership Type
Leasehold
Plan
0410288
Property Type
Business
Transaction Type
For sale or rent
Zoning Description
C-D
Business
Business Type
Retail and Wholesale, Retail and Wholesale
Business Subtype
Variety store, Retail & offices
Building
Constructed Date
1895
Size (Exterior)
1800 square feet
Total Finished Area
1800 sqft
Land
Total Size
Unknown
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