Active
60 N Mountain Avenue
Upland CA, 91786
$2,500,000
$390.87 per sqft
Active
6,396 sqft
Commercial
Built in 1979
HIGHLIGHTS: A>> Net Operating Income $130,629 A>> Current Cap Rate 4.86% A>>Fully fixtured restaurant, includes F.F. & E, and liquor license A>> First time to hit market in 45 years A>> Huge lot with an abundance of parking A>> Located conveniently off the 10 freeway A>> Property is part of a portfolio sale A>> Portfolio sale A>> 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.
CRCV24216245
MLSⓇ ID
October 17, 2024
Listed
November 21, 2024
Updated
Map
60 N Mountain Avenue
Upland CA, 91786
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.28 Acres
Other Property Details
Area Name
Upland
Garage
No
View
No
County
San Bernardino
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/25/2024 | Price change | $2,500,000 -7% |
Listed by Byron Castro with TOP PRODUCERS REALTY PARTNERS
Listing Contact: 951-313-7155
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