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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