An excellent opportunity to acquire the former Khana Peena Indian restaurant, located in one of Berkeley’s most desirable and high-traffic areas. The site enjoys steady foot and vehicle traffic and sits within a vibrant mix of residential and commercial properties, making it ideal for a wide range of restaurant concepts. Some cosmetic updates may be needed, which is reflected in the competitive asking price. This is an excellent chance to step into a fully equipped restaurant space in the heart of Berkeley’s dining scene. This established restaurant space has operated successfully since 2000, and the current owner has decided to focus on other ventures. The sale is offered as an asset sale, providing a great opportunity for a new operator to bring their own concept to this proven location. Principals Only !
Listing Details:
* Size: Approximately 2,000 sq. ft.
* Seating Capacity: 50 seats
* Current Rent: $7,000 per month
* Lease Expiration: December 2025
* New Lease: A new lease will be signed directly between the buyer and the landlord, and the rent amount may be adjusted at that time.
* Kitchen Equipment: 16-foot Type 1 hood with full cooking line
* Restrooms: Two ADA-compliant bathrooms.
The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the help of legal and financial advisors to help you with this process.
Ad#:2423705