PA Picks – For the Aspiring Restaurateur

February 4th, 2013 by melissa

The restaurant industry is always bustling with trendy new establishments and the latest swanky eateries. Atmosphere and ambience are essential when it comes to popular dining, so finding the right building is key to a skyrocketing client base. This week we’re checking out some restaurant properties up for auction that would definitely fit the bill.

Check out Tranzon’s Waterfront Mariner’s Mile Restaurant in Newport Beach, California. Built in 1997 with 90’ frontage on the West Coast Highway, this 9,474sf freestanding 2-story building offers multiple dining areas, a banquet room and piano bar with 312 maximum occupancy. Sitting on a 21,500sf lot, this property showcases two 69’ docks with side ties for 8 spaces. PA is picking this one for its off-the-charts spectacular waterfront view of Newport Harbor. Auction date is February 28th.

Another great find is Freedom Realty Exchange’s restaurant and event center in Longview, Washington. Remodeled in 2010, this 11,867sf building presents a dining room, bar with a dance floor and banquet rooms. The sale includes all furniture, kitchen-related fixtures and equipment, giving the lucky bidder a lot of bang for their buck. Located on a generous lot, this space provides ample parking space and/or room for expansion. PA digs this one for its ideal location, easily viewed from Ocean Beach Highway and conveniently accessible to major metropolitan areas. Auction date is March 14th.

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