60 N Mountain AVE Active Save Request In-Person Tour Request Virtual Tour
Upland,CA 91786
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,396 sqft
Price per Sqft $390
MLS Listing ID CV24216245
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 690 - Upland
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Others
Special Listing Condition Standard
Confidential INFO
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS SEND ALL OFFERS TO BYRON@COMMERCIALLIFEINC.COM. PLEASE SUBMIT THE FOLLOWING: 1) PRE APPROVAL LETTER 2) FICO SCORES 3) PROOF OF FUNDS FULL PDF VERSION (No Screenshots) 4) FULLY EXECUTED CPA - Commercial Purchase Agreement. Text 951.313.7155 / 909.548.1027 when you send the offer to confirm receipt. Please call for additional information.
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS \"Please contact the listing agent for inquiries. Kindly avoid disturbing the tenants as they are conducting business. Your support of the restaurant is appreciated\"