708 Franklin St., Oakland, CA 94607;Retail For Sale; D-11 in Alameda County
708 Franklin St., Oakland, CA 94607
Retail Property For Sale
- Building Size:
- 12,000 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Listing ID
- Last Updated
- 11 days ago
The asking price will purchase all the kitchen utensils, tables and seats, aquarium, and wall decorations inside and outside the restaurant, plus the right to operate the restaurant. Monthly rent is $30,000; water and electricity approximately $20,000 monthly during normal business.
Here is how the owner of Legendary Palace (shortened as LP below) says about his restaurant on TheMenuPage: LP is a historical landmark built in 1917. It took 3 years to remodel and three top China chefs to bring you the best Chinese cuisine in the Bay Area. We also feature selections that blend fusions from superior French, Japanese and American cuisine with our “Legendary Chinese Cuisine”. All live seafood aquariums, you can choose for yourself. Our 11 kitchen wok chef’s, 10 Dim Sum chefs and 2 B.B.Q. chef prepare over 200 selections of Dim Sum, a large selection of live seafood and other Chinese dishes from all regions of China.’
Legendary Palace is located near the South-West corner of Oakland Chinatown, across from a large building owned by the Salvation Army and one block away from Broadway, where one can find entrance to the 12th Street BART station. The Alameda Court and Oakland Police Department are just across from Broadway; the business district is within walking distance. The proximity and the authentic look of the exterior of LP make it a favorite place for non-Chinese to try out Chinese food. On the other hand, Chinese customers find the two-story restaurant spacious enough to host wedding banquets. LP also offers the convenience of customer parking; more underground parking is available a block away.