197 E 2nd St - Bar FOR SALE


Pomona, CA 91766
$7,900,000 USD
818-319-9191
197 E 2nd St, Pomona, CA for Sale
$7,900,000 USD
Bar - FOR SALE
1/17
null | Request Cap Rate

197 E 2nd St
Pomona, CA 91766


HIGHLIGHTS

  • Excellent Opportunity for Owner-User/Investor
  • Type 47 license that can be used for 5 bars
  • 4 Levels of Entertainment consisting of Speakeasy, Sports Bar, Lounge and Nightclub
  • Close Proximity to 71 & 60 Freeway
  • Prime Location with Outstanding Visibility
  • Modernized with Extensive Renovations

OVERVIEW

IKON Properties is proud to exclusively represent this unique chance to own a fully operational and profitable business within a versatile, multi-level entertainment venue. Featuring four distinct levels—a speakeasy, sports bar, lounge, and nightclub—this property caters to a wide range of clientele, from sports fans to upscale nightlife enthusiasts. The sale includes a Type 47 license, allowing operation of up to five bars, maximizing potential for diverse events and revenue streams. Recent extensive renovations (over $750,000) ensure a modern, turnkey environment ready for seamless operation. Strategically positioned near the 71 & 60 Freeways, this property offers outstanding visibility and high traffic, making it a destination for both locals and visitors. With an established, profitable business included, this is the perfect opportunity for owner-users or investors looking to acquire a high-performing asset in a thriving market. Don’t miss the chance to invest in this prime commercial property, offering both immediate profitability and long-term growth potential.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Real Estate + Business

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C3, Pomona

APN/PARCEL ID

8335-009-015

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

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