
UP FOR SALE
“THE WILD HARE”
5018 York Boulevard, Los Angeles
$1,100,000 MLS: 22077730
approx.(per assessor) 3150sqft/5148sqft lot size
Listing Agent:Peter Martocchio (office) 626-229-0909
Sotheby's International Realty
In the heart of hip and trendy Highland Park, former home of the Dragon Chinese Restaurant on York Boulevard between Ave 50 and 51. The Wild Hare is a full service restaurant/tavern/bar with a class 47 liquor license. It has 12 beers on tap, including Stella Artois, Pilsner Urquell, Warsteiner Pils, Hefeweisse and Chimay, among others. Adjacent to a large city-owned parking lot, this establishment allows easy public access. Offering a huge kitchen and a separate dining room and bar, The Wild Hare presents extensive upside potential. The kitchen, which serves good pub food, typically stays open late. Their current menu includes a sausage plate, a hummus and tapenade plate, a cheese plate, some salads and other delectables. Expansion possibilities exist for a spacious outdoor smoking patio.
Brick construction, large booths and the full bar lend an old-world feel to this hip hangout. One of a select few restaurant/bar licenses in Highland Park, this is a perfect opportunity for an investor who is ready to make their mark in one of LA's hottest new neighborhoods. It's kind of a modern twist on a pub. Bars tend to generate good revenue. For a hard working individual that can put in some sweat equity, this could be a good investment. Remember lenders will most likely require 35% down since it's commercial, and adequate insurance.
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