$2,500,000
60 N Mountain AVE Upland, CA 91786
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$2,500,000
Est. payment /mo
6,396 SqFt
Price Dropped by $185K
60 N Mountain AVE Upland, CA 91786
UPDATED:
10/25/2024 07:00 PM
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
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.
� 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
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Others
Tax ID 1007561140000
Special Listing Condition Standard
Lease Land No
Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS • 951-313-7155
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