CA > Upland
Upland, CA 91786,60 N Mountain AVE
Upland, CA 91786,60 N Mountain AVE
Upland, CA 91786,60 N Mountain AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,500,000
Est. payment /mo
1.28 Acres Lot
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UPDATED:

10/25/2024 07:00 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

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.

Location

State CA

County San Bernardino

Area 690 - Upland

Interior

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Others

Tax ID 1007561140000

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS • 951-313-7155

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