376 N 2nd Ave 7,200 SF Retail Building Upland, CA 91786 For Sale

ASSUMABLE FINANCING - Motivated Seller, Bring all offers. Unique Opportunity: Own Iconic Upland Rooftop Restaurant & Event Hall Building
Welcome to the extraordinary chance to own or lease a newly remodeled rooftop restaurant and event hall in Upland. This exceptional property boasts remote-controlled retractable glass walls and ceilings, making it perfect for a restaurant, event space, or any other city-approved venture. Financing options are available, pending credit approval and financial assessment.
Outstanding Features:
Rare opportunity to purchase or lease a renowned rooftop building in downtown Inland Empire.
Located in the heart of Downtown Upland, this 7,200 SF property is fully equipped for a high-end restaurant.
The first floor offers 3,600 sq ft with 12-foot ceilings, while the second story features 15-foot ceilings and a newly permitted rooftop addition with retractable glass walls and a modern retractable roofing system.
With 24 feet of frontage and 150 feet facing the city's designated concert hall, it's incredibly visible.
Convenient street parking and city-provided public parking options for patrons.
Ideal for owner-users seeking to tap into city grants, benefit from high foot traffic, and reach a prime demographic.
The building boasts a brand-new commercial elevator, updated wiring, electrical and plumbing systems, modern bathrooms, windows, HVAC, framing, flooring, and state-of-the-art retractable roofing systems.
Essentially, it's a brand-new building, reconstructed in 2023, suitable for various retail uses, including restaurants and others approved by the city.
Sale price: $2,750,000.00.
Tenant/buyer is responsible for a triple net lease (NNN), encompassing all building expenses, tenant improvements (TI), maintenance, annual property taxes, insurance, and utilities.