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    HomeNewsBREAKING! Iconic Micky's West Hollywood Nightclub has Been Listed for Sale

    BREAKING! Iconic Micky’s West Hollywood Nightclub has Been Listed for Sale

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    Micky’s West Hollywood, the iconic gay restaurant, bar and nightclub, located at 8855 Santa Monica Blvd, has officially been listed for sale. Commercial real estate agency The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market the 9,200 square foot, two-story space situated on 0.10 acres of land (4,406 SF), in the heart of West Hollywood’s LGBT Rainbow District.

    According to the listing, the seller will consider a sale-leaseback for 5 years from the close of escrow with one additional 5-year term (lease terms are potentially negotiable), for the asking price of $14,000,000.

    The seller will also consider a sale of the operating of the Micky’s business, which includes a type 47 and type 5B ABC license and a tangible and intangible asset for $4,000,000.

    Micky’s WeHo is for sale

    First opening its doors in 1989, Micky’s nightclub and gay bar has established itself as the go-to venue in WeHo as one of the longest running, most successful, gay-owned and operated nightclubs in Los Angeles. Seven days a week, Micky’s continues to attract a hugely diverse crowd throughout the week, with top-notch DJs, state of the art audio and visual elements with a modern atmosphere. Micky’s WeHo is also famous for Friday and Saturday night Afterhours, making it the only gay nightclub in West Hollywood that’s able to stay open after 2am. Featuring a variety of themed nights and music genres, Micky’s is the destination place for the ultimate nightlife experience in West Hollywood.

    Micky’s West Hollywood is for sale

    The listing states that “8855 Santa Monica Boulevard is ideally positioned at the epicenter of nightlife in West Hollywood. Just four parcels east of the signalized intersection of N San Vicente Boulevard and Santa Monica Boulevard, the property enjoys excellent synergistic foot traffic, with a walk score of 95 (Walker’s Paradise), from numerous neighboring bars and nightclubs. With approximately 50 feet of linear frontage, Micky’s has excellent frontage to Santa Monica Blvd’s 61,000 vehicles per day.”

    The listing has been made public weeks after The Abbey Food & Bar, and The Chapel at The Abbey announced it had been sold to founder and CEO of MISTR Tristan Schukraft for an undisclosed amount.

    For details on the sale, click on the link below:

    https://www.brandonmichaelsgroup.com/8855santamonicablvd

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    Paulo Murillo
    Paulo Murillohttps://wehotimes.com
    Paulo Murillo is Editor in Chief and Publisher of WEHO TIMES. He brings over 20 years of experience as a columnist, reporter, and photo journalist. Murillo began his professional writing career as the author of “Love Ya, Mean It,” an irreverent and sometimes controversial West Hollywood lifestyle column for FAB! newspaper. His work has appeared in numerous print and online publications, which include the “Hot Topic” column in Frontiers magazine, where he covered breaking news and local events in West Hollywood. He can be reached at [email protected]

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    Michael
    Michael
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    4 months ago

    Does anyone remember the name of the bar that was there before Micky’s. I keep thinking it was call “The Five Star”, but most of my friends can’t recall.

    Michael
    Michael
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    Reply to  Paulo Murillo
    4 months ago

    Wow, thank you! The Four Star (not Five)… I had only been a few times, in early 1989 before it became Micky’s. I remember them having a drag show on a raised area to the left of the bar. In the early 90s my friends and me often found ourselves in WeHo. We might have dinner at Hugo’s or The French Market then it was on to Studio One (and The Backlot), Rage, Revolver, Mother Lode, or Micky’s (or sometimes all of them) Good times!

    DAVID PAGEL
    DAVID PAGEL
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    6 months ago

    The location needs total overhaul and possibly tearing the whole block then starting from scratch. Boys town is dead. The young people are gone. Maybe a Capital One Cafe.

    Weho artist
    Weho artist
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    Reply to  DAVID PAGEL
    6 months ago

    There are young people everywhere- you’ve just aged out of the scene. The sooner you realize this, the sooner you’ll be living in reality.

    Andrew
    Andrew
    Offline
    7 months ago

    That place is gross. They’re prob selling bc tons of cool and affordable places have opened within a stones throw.

    hifi5000
    hifi5000
    Offline
    7 months ago

    Don’t know how long the current owner of Micky’s has been there,but I figured he had enough of the nightlife and its complications.Hopefully,the next owners will keep Micky’s aligned with its gay customers who made it what it is today.

    Eric Calinari
    Eric Calinari
    Offline
    7 months ago

    Cap Rate on the prospectus states 5.14% – Terrible, terrible return for nothing guaranteed on a $14M (potentially $18M) investment. That’s a wishing price not a realistic price. You’d get a better investment by just stashing the $$$ in the bank at current rates of return with an added extra benefit of saving a ton of grief over it. The price needs to be way less than 1/2 of that to even begin to make any sense at all.

    Charlie Wilkins
    Charlie Wilkins
    Offline
    7 months ago

    I heard last that Mickey’s was going to be sold. And my guess more and more bars and clubs will be following suit. Weho is getting very expensive to live and to wine and dine… And people aren’t going out as much as they used too. Plus the internet Social Apps like Grindr are keeping people home.

    Kevin
    Kevin
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    Reply to  Charlie Wilkins
    7 months ago

    Actually the opposite is true. The old owners of these establishments are selling because the market is hot. Weho has never been more relevant as an entertainment zone as it expands from just LQBTQ places to high end celebrity driven places. Think Craig’s, Drakes, and Catch for celebrity along with Roosterfish, Rocco’s, Heaven and Wild as new entries in the LGBTQ world. Weho is hot!

    Jeff
    Jeff
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    Reply to  Kevin
    6 months ago

    WHAT? WEHO is in a critical state of business!!!
    Ever since the pandemic, there has been very little pedestrian traffic and the closing of Marco’s just closed on December 24. After thirty years in West Hollywood, Pump, Lisa Vanderpump’s restaurant in West Hollywood closed in July. Rage closed in 2020…the list goes on and on from Cabo Cantina, OWN West Hollywood, 24 Hour Fitness Gym, Bank of America, to Yogurt Shop, etc…etc…to top it off, a few businesses like Amarone, Trust Hair, Bossa Nova, Gym Bar, Lily Lodge, ZPizza, etc..have been forced to relocate.

    Weho artist
    Weho artist
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    Reply to  Jeff
    6 months ago

    Almost all of those businesses have been replaced. If the market was bad, those spaces would be sitting empty.

    Natasha
    Natasha
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    Reply to  Weho artist
    6 months ago

    Yes, I love the new restaurant in the old Bossa Nova on Robertson. I suggest you try it. Just beware the service is really slow.

    Kevin
    Kevin
    Offline
    7 months ago

    I am sure hearing what the Abbey sold for, made this happen. Hopefully a great operator looking to own it for many years buys it.

    Kenneth jensen
    Kenneth jensen
    Offline
    7 months ago

    WE HO IS CHANGING!!!!

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