60 Mountain Avenue, Upland, CA 91786
  • MLS#: CV24216245 ( Business )
  • Street Address: 60 Mountain Avenue
  • Viewed: 2
  • Price: $2,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: SAN BERNARDINO
  • City: Upland
  • Zipcode: 91786
  • Provided by: TOP PRODUCERS REALTY PARTNERS
  • Contact: Byron Byron
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Accountingtype
  1. Actual
Building Area Total
  1. 6396.00
Commoninterest
  1. None
Country
  1. US
Land Use
  1. Retail
Laundry Features
  1. None
Netoperatingincome
  1. 130629.00
Parcel Number
  1. 1007561140000
Postalcodeplus4
  1. 5713
Property Type
  1. Business
Retail Square Footage
  1. 6396
Year Built
  1. 1979