About 4727 University
Turn key bar and restaurant asset package in a hot University Ave corridor. This sale includes the real estate, all equipment, the liquor license, and inventory, everything you need to launch your own concept in a fully built out commercial space. This is not a business sale, the current owner is taking their concept with them, so you're getting the tools and the building, not an existing operation to step into. Built in 2018, this is a real commercial asset, not a converted storefront. Modern construction means lower maintenance and lower operating costs right out of the gate, so more of your revenue stays revenue. Two story layout with an elevator, a copper bar top, beer taps, a walk in cooler, full kitchen with refrigerators, fryers, and a char broiler, plus a grease trap already in place. Rooftop patio and gated parking add to the draw. Upstairs there's a huge office with real upside, build it out as a private event studio, a second bar, or additional revenue generating space to expand your footprint without expanding your lease. Full ABC 47 liquor license is assumable, and the seller will support interim occupancy while the license transfers so you're not sitting dark during the process. Bring your concept and run it as a bar and grill, a full service restaurant, or whatever fits your vision. Everything is permitted and ready to go. Close escrow, transfer the license, stock the space, and open your doors.
