106 Orange St
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106 Orange St
3,972 SF Retail Building Redlands, CA 92373 $2,850,000 ($718/SF)
Investment Highlights
- 3,972 SF building on a ±2,826SF lot
- Real estate and turnkey restaurant for sale.
Executive Summary
Real estate and turnkey restaurant for sale For the Real Estate, Furniture, Fixtures and Equipment, Liquor License and the operating
business entity and good will of the Falconer which will be defined in the Purchase and Sale Agreement. Extensive upgrades have been made to the property, including the roof, mechanical equipment, the 2nd floor bar area, windows, and upgraded flooring throughout. Across the street from an entitled, mixed use development including 700 luxury apartment units called 3rd and State. A short walk to the Metrolink and Arrow train stations and a public parking garage. Located in the Heart of Historic Downtown Redlands on the Orange St. dining corridor, between Historic State Street and Redlands Blvd. in the center of a thriving dining and night life district. Adjacent to many amenities; including Restaurants, Banks, Shopping, and Arrow/Metro-link Passenger Rail System with stations connecting Downtown Los Angeles to Esri Campus, Historic Downtown Redlands and the University of Redlands
business entity and good will of the Falconer which will be defined in the Purchase and Sale Agreement. Extensive upgrades have been made to the property, including the roof, mechanical equipment, the 2nd floor bar area, windows, and upgraded flooring throughout. Across the street from an entitled, mixed use development including 700 luxury apartment units called 3rd and State. A short walk to the Metrolink and Arrow train stations and a public parking garage. Located in the Heart of Historic Downtown Redlands on the Orange St. dining corridor, between Historic State Street and Redlands Blvd. in the center of a thriving dining and night life district. Adjacent to many amenities; including Restaurants, Banks, Shopping, and Arrow/Metro-link Passenger Rail System with stations connecting Downtown Los Angeles to Esri Campus, Historic Downtown Redlands and the University of Redlands
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,972 SF
Building Class
C
Year Built
1938
Price
$2,850,000
Price Per SF
$718
Tenancy
Single
Building Height
2 Stories
Building FAR
1.41
Lot Size
0.06 AC
Zoning
C-1 - Bar/Tavern
Frontage
25 FT on Orange St
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0171-061-31 | Improvements Assessment | $1,093,646 |
| Land Assessment | $300,752 | Total Assessment | $1,394,398 |
PROPERTY TAXES
Parcel Number
0171-061-31
Land Assessment
$300,752
Improvements Assessment
$1,093,646
Total Assessment
$1,394,398
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106 Orange St
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