$2,500,000
60 N Mountain Avenue Upland, CA 91786
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,500,000
Est. payment /mo
6,396 SqFt
UPDATED:
10/25/2024 10:22 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,396 sqft
Price per Sqft $390
MLS Listing ID CRCV24216245
HOA Y/N No
Year Built 1979
Lot Size 1.280 Acres
Acres 1.28
Property Description
HIGHLIGHTS: » Net Operating Income $130,629 » Current Cap Rate 4.86% »Fully fixtured restaurant, includes F.F. & E, and liquor license » First time to hit market in 45 years » Huge lot with an abundance of parking » Located conveniently off the 10 freeway » Property is part of a portfolio sale » Portfolio sale » Can be sold individually Explore a premier investment opportunity featuring a high-potential class B restaurant/bar/nightclub building built in 1979 on a 1.28 Acre lot with 80 parking spaces. This prime location we present an exceptional chance for investors seeking stable, long-term returns. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future. TRIPLE NET INVESTMENT Commercial Life Inc is pleased to present to you 60 N Mountain Ave, Upland. This exceptional property boasts a long-term tenant on a triple net lease, offering you a secure and hassle-free investment opportunity. With a prime location and a spacious lot featuring ample parking, this property is a must-see for savvy investors seeking a lucrative commercial asset.
Location
State CA
County San Bernardino
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 1007561140000
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Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122