the former "Guy Lon" Chinese restaurant, a neighborhood fixture, for nearly seven decades. The restaurant operations paused during the pandemic; however, all licensing and fixtures remain intact, in the event a new operator would like to re-open. The restaurant and building ownership are the same, and the sale is in conjunction with the owner retirement. The building configuration is unique having frontage on both Elston and Monticello Avenues, with 3,950 SF of rentable area, and a full basement. The property is individually metered for electric and master-metered for water and gas with central boiler and hot water systems. The former restaurant business is also being offered in conjunction with the real estate. The real estate consists of the retail unit and three residential units. The asking price is $595,000. The business and the real estate are being sold As-Is, Where-Is.
Listing courtesy of ACO Commercial.
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