$495,000
Pending
0.34 acres | #EV23107963
Listing OfficeREALICORE
Browse 6 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

(Needs some rehab) Restaurant space available to open your very own food concept! Own the building and the equipment. Perfect for someone who wants to get a 504 SBA (Small Business Administration) loan with only 10% down. You could be open and selling food as soon as escrow closes! Just add your own branding. Current owner is out of the area and wants someone to bring new life to the building. Property has outdoor seating and plenty of parking. Property was recently remodeled with extensive work completed. From resealing the asphalt parking to painting the exterior. From upgrading the kitchen to bringing in new tables and seating, this property has it all! Functioning hood vent with ancillary system, fryers, grill, and more! Some damage to electrical was recently done. Work needed is reflected in price. Building has been secured with plywood.
Property is zoned CR-2 which allows for a myriad of uses. San Bernardino is currently undergoing a renaissance in Downtown with a burgeoning arts district, a new $45 million Welcome Center being built 2 blocks away from this property by the San Bernardino Unified School District, walking distance from all of the government, court and business employees. High demand for good food in the area with very little supply or competition.

  • Property Details
      • Lot DescriptionWalkstreet
      • Stories1
    • Measurements
      • Acres0.3416
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1969
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Bernardino
  • Financial Details
      • Original List Price$849,000
  • Other
      • MLS #EV23107963

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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