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401 E Foothill Boulevard

Pomona, CA 91767
  • $200,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: OC24114792
UPDATED: 76 min ago
$200,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1976
County:
Area:

School Ratings & Info

Listing Agent(s): Roman Ciuni of Roman Ciuni, Broker (213-842-1539)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-24T18:35:18.517. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/151416322
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401 E Foothill Boulevard Pomona, CA 91767

  • Price: $200,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 76 min ago
  • MLS #: OC24114792
0
Beds
0
Baths
0
½ Baths
1.02
Acres
1976
Built
Neighborhood:
687 - Pomona
County:
Los Angeles
Area:
687 - Pomona
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.
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone System

Property Features

Additional Parcels YN No Business Type Restaurant Leasable Area 5759 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Total Actual Rent 12000 Zoning POC4-R32Pomona



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-24T18:35:18.517. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Roman Ciuni of Roman Ciuni, Broker (213-842-1539)