1964 W Foothill Blvd - Restaurant FOR SALE


Upland, CA 91786
$1,750,000 USD
949-308-1556
1964 W Foothill Blvd, Upland, CA for Sale
$1,750,000 USD
Restaurant - FOR SALE
1/94
null | Request Cap Rate

1964 W Foothill Blvd
Upland, CA 91786


HIGHLIGHTS

  • HIGH TRAFFIC FOOTHILL BLVD
  • CROSS STREET: CENTRAL AVENUE
  • NEAR THE CLAREMONT COLLEGES

OVERVIEW

FOR SALE OR LEASE PRICE WAS $1.9 million..... NOW ONLY $1,750,000!!! AREA IS BLOWING UP WITH NEW DEVELOPMENTS!! NEW RESIDENTIAL DEVELOPMENT COMING ON ADJACENT PARCEL(CONDOS OR APARTMENTS) NEW INDUSTRIAL DEVELOPMENT COMING ACROSS THE STREET (recently approved)!! DO NOT DISTURB TENANT- CALL AGENT FOR FULL PROPERTY TOUR This is your chance to own a **Free-Standing, Fully Equipped Restaurant** on the **High-Traffic and Historic Route 66 (Foothill Blvd)!** For **over 50 years, Mi Ranchito** has been a beloved name in Southern California’s restaurant scene. Now, with their **final location in Upland** closing, a **turn-key opportunity** is up for grabs! ### **?? TURN-KEY RESTAURANT – FULLY EQUIPPED! ??** ? **Type 47 Liquor License** (Full Bar) ? **Type 58 Catering License** (Allows Off-Site Alcohol Service) ? **Expansive Kitchen with High-End Equipment:** - Grills, Fryers, Ranges - Walk-in Cooler & Freezer - Steam Tables, Ice Maker, Cold Food Tables - Slicers, Mixers, Prep Tables, Shelving - **2 BBQ Smokers for Outdoor Grilling** ### **??? PRIME DINING & EVENT SPACE ???** - **Spacious Cantina/Bar** with **Double Patio Doors** for an Open-Air Dining experience & Outdoor Patio Dining! - **Private Event Capabilities** – Two rooms can be combined for large gatherings & catering events, with indoor Fireplace. ### **?? UNMATCHED LOCATION – HIGH VISIBILITY ??** ?? **Foothill Blvd (Route 66) – 48,000+ cars per day!** ?? **Directly across from In-N-Out Burger** – A constant flow of hungry customers! ?? **Minutes from the 10 & 210 Freeways** – Easy accessibility for guests & deliveries ?? **Walking distance to Metrolink & bus stations** ### **?? PROPERTY HIGHLIGHTS ??** ? **4,392± Sq. Ft. building** on a **30,300 Sq. Ft. lot** ? **180-person capacity** with **45 parking stalls** ? **Built in 1947 – Renovated in 2004** ? **Ideal for restaurant operators & investors** ### **?? STOP PAYING RENT – OWN YOUR FUTURE! ??** Why make your landlord rich when you can **own your own building and pay less?** ?? **CALL TODAY** to take advantage of this **once-in-a-lifetime opportunity** and make this iconic location your own! ??

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

PRICE REDUCED_BRING ALL OFFERS_FREE-STANDING

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

HC

APN/PARCEL ID

1007-061-06

ASK ABOUT THIS PROPERTY

Eric RamirezMillenia Asset Mgmt. Inc.More Info
949-308-1556

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Eric RamirezMillenia Asset Mgmt. Inc.More Info
949-308-1556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.