$150,000
401 E Foothill BLVD Pomona, CA 91767
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$150,000
Est. payment /mo
5,759 SqFt
Active
401 E Foothill BLVD Pomona, CA 91767
UPDATED:
09/30/2024 06:14 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,759 sqft
Price per Sqft $26
MLS Listing ID OC24114792
HOA Y/N No
Year Built 1976
Lot Size 1.020 Acres
Property 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.
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.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POC4-R32, Pomona
Interior
Fireplace No
Others
Tax ID 8304014015
Listed by Roman Ciuni • Roman Ciuni, Broker • roman@groundreview.com
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