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Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS
$ 2,500,000
Est. payment /mo
Active
60 North Mountain Avenue Upland, CA 91786
UPDATED:
12/10/2024 07:48 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24216245
Year Built 1979
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
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944