Real Estate + Business | 197 E 2nd St
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Real Estate + Business 197 E 2nd St
17,500 SF Retail Building Pomona, CA 91766 $7,900,000 ($451/SF)
Investment Highlights
- Excellent Opportunity for Owner-User/Investor
- 4 Levels of Entertainment consisting of Speakeasy, Sports Bar, Lounge and Nightclub
- Prime Location with Outstanding Visibility
- Type 47 license that can be used for 5 bars
- Close Proximity to 71 & 60 Freeway
- Modernized with Extensive Renovations
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
17,500 SF
Building Class
C
Year Built/Renovated
1925/2014
Price
$7,900,000
Price Per SF
$451
Tenancy
Single
Building Height
4 Stories
Slab To Slab
11’
Building FAR
0.70
Land Acres
0.57 AC
Opportunity Zone
Yes
Zoning
C3, Pomona - Mixed Use, conditional use permit for liquor type 47, entertainment
Parking
22 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
180 FT on 2nd St, Locust, 1st St
Amenities
- Bus Line
- Conferencing Facility
- Metro/Subway
- Mezzanine
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8335-009-015 | Improvements Assessment | $3,500,000 |
Land Assessment | $1,500,000 | Total Assessment | $5,000,000 |
PROPERTY TAXES
Parcel Number
8335-009-015
Land Assessment
$1,500,000
Improvements Assessment
$3,500,000
Total Assessment
$5,000,000
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Real Estate + Business | 197 E 2nd St
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