0 Beds
n/a Full bath
6,396 SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $2,685,500 | |
Property Type | Commercial | |
Sub type | Business | |
MLS Sub type | Business | |
Stories | 1 | |
Year Built | 1979 | |
Laundry Features | None | |
Geographic Data | ||
Directions | Cross streets N Mountain/W Ninth Street | |
County | San Bernardino | |
Latitude | 34.094746 | |
Longitude | -117.669769 | |
Market Area | 690 - Upland | |
Address Information | ||
Address | 60 N Mountain Avenue, Upland, CA 91786 | |
Postal Code | 91786 | |
City | Upland | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | TOP PRODUCERS REALTY PARTNERS | |
Listing Agent | Byron Castro | |
Listing Agent Phone | 951-313-7155 | |
Attribution Contact | 951-313-7155 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
MLS Information | ||
Days on market | 0 | |
MLS Status | Active | |
Listing Date | Oct 17, 2024 | |
Listing Last Modified | Oct 18, 2024 | |
Tax ID | 1007561140000 | |
MLS Area | 690 - Upland | |
MLS # | CV24216245 |
This information is believed to be accurate, but without any warranty.