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60 N Mountain Ave
For Sale $2,500,000
$2,500,000
- Units
- Unknown Sq Ft
- 55,756 Sq Ft
- Unknown Cap Rate
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.
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 | $2,500,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1979 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 1007561140000 |
| MLS # | CV24216245 |
| Property ID | 320964155 |
| Lot Sqft | 55,756 |
| Zoning | Unknown |
| Days on Market | 429 |
| Original List Price | $2,685,500 |
| Date Updated | December 10, 2024 |
| Date Created | October 17, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Byron Castro an agent of . Lic #01765966
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 10, 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.
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Robert Crawford
REAL ESTATE AGENT