60 N Mountain Avenue

Upland, CA 91786

PRICE REDUCED

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-$185,500 (-6.91%)

$2,500,000

List Price

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1979

calendar_month Built

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.

Listing Information

List Price $2,500,000
Status Active
MLS CV24216245
Type Commercial
Subtype Business
Year Built 1979
Lot Size 55,756
Structure Size N/A
DOM 8
Courtesy Of TOP PRODUCERS REALTY PARTNERS
Listing Agent Byron Castro DRE#01765966

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Byron Castro, TOP PRODUCERS REALTY PARTNERS . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 7:00 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.