145 E Highland Ave

145 E Highland Ave , San Bernardino, California, 92404 | 1,980 sq.f | $ 880,000

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About This Restaurant

Investment Highlights

Free-standing restaurant with a spacious lot and drive-thru potential. Sale includes Beer and Wine license, adding value to the business. Conveniently located near hospitals, schools, shopping centers, and the 215 freeway. Recently remodeled restaurant, offering a fresh and updated ambiance. Key money of $125,000.00 required for leasing the space. Prime location on the main corridor of Highland Blvd, ensuring high visibility and accessibility.

Executive Summary

-Free-standing restaurant with a spacious lot and drive-thru potential.-Recently remodeled restaurant, offering a fresh and updated ambiance.-Sale includes Beer and Wine license, adding value to the business.-Key money of $125,000.00 required for leasing the space.-Conveniently located near hospitals, schools, shopping centers, and the 215 freeway.-Prime location on the main corridor of Highland Blvd, ensuring high visibility and accessibility.-Property is fenced for enhanced security measures.

Property Details

  • Sale Type    Owner User
  • Sale Condition    1031 Exchange
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,980
  • Building Class    B
  • Year Built    1977
  • Price    880,000
  • Price Per SF    444
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.49 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Bus Line
  • Corner Lot
  • Fenced Lot
  • Restaurant
  • Signage
  • Air Conditioning

Property Taxes

Parcel Number 0146-022-28 Improvements Assessment $205,863
Land Assessment $217,657 Total Assessment $423,520
Date Created: 2024-07-16 04:09:23 Last Updated: 2024-07-16 04:09:23
Address: 145 E Highland Ave , San Bernardino, California, 92404