390 Hospitality Lane, San Bernardino, CA 92408
  • MLS#: 24458785 ( Commercial )
  • Street Address: 390 Hospitality Lane
  • Viewed: 11
  • Price: $4,725,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 117
  • Additional Information
  • County: SAN BERNARDINO
  • City: San Bernardino
  • Zipcode: 92408
  • Provided by: eXp Realty of California Inc
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Offering Memorandum is available in the Docs File. Location and Accessibility. This premier property is located on E Hospitality Lane in San Bernardino, offering high visibility and unparalleled accessibility. Positioned near the intersection of Hospitality Lane and S. Waterman Ave, and visible from the I 10Freeway, it ensures a consistent flow of both local and visiting traffic. The vicinity is a bustling commercial hub, surrounded by a mix of office buildings, retail outlets, and residential developments, supporting a substantial customer base. Property Features * Dining Area: 236 dining capacity with expansive seating configuration designed to accommodate a significant number of customers comfortably. * Kitchen: State of the art, fully equipped commercial grade kitchen. * Bar Area: Contemporary bar setup with high end finishes. with 62 capacity * ADA Compliance: Property meets all ADA standards with accessible entrances and restrooms.* Full Set of Plans Available.Financials* Asking Price: $4,725,000 / $22,000 mo. NNN * Lease Terms: Negotiable* Current Occupancy: Vacant Market Overview The San Bernardino dining sector is on the rise, fueled by an increasing demand for a variety of culinary experiences. Located in a high traffic zone, this property is ideally positioned to capitalize on market growth. Area demographics reveal a median household income of $75,000 locally and $103,000 county wide, with a population increase of 3% since 2020. Investment Highlights * Strategic Location: Situated in a high traffic area, ensuring a steady influx of customers. * Turnkey Operation: The property is fully operational with essential equipment and upscale furnishings in place. * Growth Potential: Significant opportunities exist for revenue enhancement and business expansion. * Flexibility: The layout and zoning permit a diverse range of dining concepts, from upscale dining to casual eateries or themed restaurants. * This offering memorandum presents a compelling opportunity to acquire or lease a well maintained and strategically located restaurant property with substantial growth potential in a dynamic commercial district ofSan Bernardino.
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Features
Property Type
  1. Commercial
Views
  1. 11