47
See all 47 photos
$6,950,000
Est. payment /mo
4,194 Sqft Lot
New
197 E 2nd ST Pomona, CA 91766
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26865211
HOA Y/N No
Year Built 1932
Lot Size 4,194 Sqft
Property 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
State CA
County Los Angeles
Area 687 - Pomona
Zoning POC3*
Interior
Fireplace No
Building
Story 4
Others
Tax ID 8335009015
Security Features Smoke Detector(s)
Acceptable Financing Trust Deed
Listing Terms Trust Deed
Financing Seller Financing
Special Listing Condition Standard
Listed by Karl Markarian Exp Commercial of California, Inc. #01932970
NEARBY SCHOOL & BUSINESS