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390 Hospitality Lane, San Bernardino, CA 92408
Priced at Only: $4,725,000
For more Information Call Mobile: 714.478.6676
Address: 390 Hospitality Lane, San Bernardino, CA 92408
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  • MLS#: 24458785 ( )
  • Street Address: 390 Hospitality Lane
  • Viewed: 7
  • Price: $4,725,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 56
  • Additional Information
  • County: SAN BERNARDINO
  • City: San Bernardino
  • Zipcode: 92408
  • Provided by: eXp Realty of California Inc
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Offering Memorandum is available in the Docs File. Location and Accessibility. This premier property is located on E Hospitality Lane in San Bernardino, offering high visibility and unparalleled accessibility. Positioned near the intersection of Hospitality Lane and S. Waterman Ave, and visible from the I 10Freeway, it ensures a consistent flow of both local and visiting traffic. The vicinity is a bustling commercial hub, surrounded by a mix of office buildings, retail outlets, and residential developments, supporting a substantial customer base. Property Features * Dining Area: 236 dining capacity with expansive seating configuration designed to accommodate a significant number of customers comfortably. * Kitchen: State of the art, fully equipped commercial grade kitchen. * Bar Area: Contemporary bar setup with high end finishes. with 62 capacity * ADA Compliance: Property meets all ADA standards with accessible entrances and restrooms.* Full Set of Plans Available.Financials* Asking Price: $4,725,000 / $22,000 mo. NNN * Lease Terms: Negotiable* Current Occupancy: Vacant Market Overview The San Bernardino dining sector is on the rise, fueled by an increasing demand for a variety of culinary experiences. Located in a high traffic zone, this property is ideally positioned to capitalize on market growth. Area demographics reveal a median household income of $75,000 locally and $103,000 county wide, with a population increase of 3% since 2020. Investment Highlights * Strategic Location: Situated in a high traffic area, ensuring a steady influx of customers. * Turnkey Operation: The property is fully operational with essential equipment and upscale furnishings in place. * Growth Potential: Significant opportunities exist for revenue enhancement and business expansion. * Flexibility: The layout and zoning permit a diverse range of dining concepts, from upscale dining to casual eateries or themed restaurants. * This offering memorandum presents a compelling opportunity to acquire or lease a well maintained and strategically located restaurant property with substantial growth potential in a dynamic commercial district ofSan Bernardino.
Features
Anchors Cotenants
  1. Vacant
Building Area Total
  1. 9685.00
Construction Materials
  1. Stucco
Country
  1. US
Electric
  1. Heavy
Heating
  1. Zoned
Land Use
  1. Other
Laundry Features
  1. None
Parcel Number
  1. 0281372030000
Postalcodeplus4
  1. 3560
Roof
  1. Flat
  2. Mansard
  3. Shingle
  4. Tar/Gravel
  5. Common Roof
Security Features
  1. Carbon Monoxide Detector(s)
  2. Fire Sprinkler System
  3. Smoke Detector(s)
Water Source
  1. Public
Year Built
  1. 1986
Zoning
  1. ERW/
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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