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$6,950,000
1 Day On Site

197 E 2nd Street
Pomona, CA 91766

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
17,300
SqFt
$402
/SqFt
1932
Built
County:
Los Angeles
Listed by Karl Markarian of Exp Commercial of California, Inc. [email protected]
197 E 2nd Street197 E 2nd Street197 E 2nd Street197 E 2nd Street
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Monthly Payment (Est.)

$31,709
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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.

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Listing Snapshot
Price 
$6,950,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
17,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0963 Acres
Year Built 
1932
MLS® Number 
26865211
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.0963
Building Features 
ElevatorsPhoneSystemTvSystem
Number Of Stories 
4
Security 
Smoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
17300
Zoning 
POC3*
Interior Features
Cooling 
Heating 
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Community Features
Financing Terms Available 
Trust Deed
MLS Area 
687 - Pomona


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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