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“Historic” Highland Park cafe property up for sale

 “Historic” Highland Park cafe property up for sale  photoWho can’t help but smile when passing by the sombrero-wearing red pepper with a mustache painted on the side of Chico’s Cafe in  Highland Park?  The cafe has been serving burritos, huevos rancheros and other Mexican staples for about two decades out of a  bright-yellow box of a building  that shares a large corner lot on Avenue 50 near Figueroa Street  with a 10-unit apartment building.   Now, that entire property, including the cafe and apartment building,  is up for sale at an asking price for $1.5 million, according to a listing on LoopNet.

The listing describes Chico’s as a “historic neighborhood cafe” that “has been a tenant for over 20 years and is on a month-to-month modified gross lease.”

Would a new property owner be likely to keep renewing Chico’s lease or will that will that mustached red pepper have to find another wall?

 “Historic” Highland Park cafe property up for sale  photo  “Historic” Highland Park cafe property up for sale  photo  “Historic” Highland Park cafe property up for sale  photo  “Historic” Highland Park cafe property up for sale  photo  “Historic” Highland Park cafe property up for sale  photo

 “Historic” Highland Park cafe property up for sale  photo

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