Commercial Sale in Pomona

$6,950,000

197 2nd, 91766, Pomona, CA

Commercial Sale for sale in Pomona, 197 2nd, 91766

197 2nd, 91766, Pomona, CA

$6,950,000

Type: Commercial Sale

Description

Four-level, 17, 300 SF entertainment and hospitality venue in Downtown Pomona, offered as a combined sale of the real property and the operating business. Built in 1932 with over $1M in recent capital improvements across all four floors. The building houses four established concepts: a fourth-floor concert and event venue, a third-floor caf, a street-level restaurant and bar, and a lower-level mariscos speakeasy. An active Type 47 liquor license transfers with the sale, along with all furniture, fixtures, and equipment. The operation is growing, with net sales up 29.5%, guest count up 22%, and private events up 62.5% year over year. Priced at $6, 950, 000 with seller financing available: $3.5M carry at 5%, interest only, five-year term. Located in a Federal Opportunity Zone in the Downtown Pomona Arts Colony, steps from the Metrolink station. SBA eligible. Buyer to verify all information.

Location

197 2nd, 91766, Pomona, CA

Data

Object TypeCommercial Sale
Purchase Price$6,950,000
Living Space0 m²
Plot Size389.73 m²
BathroomsN/A
Construction Year1932
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1932
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent