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401 E Foothill Blvd
For Sale $150,000
$150,000
- Units
- Unknown Sq Ft
- 44,431 Sq Ft
- Unknown Cap Rate
Description
Ground Review is pleased to offer the sale of a restaurant located at 401 E Foothill Blvd. in the city of Pomona. Currently the business operates as Smoke and Fire Social Eatery. Sale includes furniture, equipment, and Type 41 liquor license, licenses, permits, machinery, and transferable third party service contracts if applicable.
The building is approximately 5,759/SF situated on approximately 1.02 acres. The property has approximately 78 parking spaces (10:1 parking ratio). This freestanding building offers great visibility and access in an excellent location within the city of Pomona.
The business sale comes with a long-term lease for the property assuring the new owner security with the real estate. The 15-year lease term commenced May 1, 2021 and expires April 30, 2036 plus two (2) five (5) year options to renew. Favorable rental rate with 2% annual rental increases applicable to the initial term and option lease term.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $150,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1976 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 8304014015 |
| MLS # | OC24114792 |
| Property ID | 291756964 |
| Lot Sqft | 44,431 |
| Zoning | POC4-R32, Pomona |
| Days on Market | 202 |
| Original List Price | $200,000 |
| Date Updated | September 30, 2024 |
| Date Created | June 04, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $12,000 | $0 |
Listing Provided By
Roman Ciuni an agent of . Lic #01424416
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT