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Leased investment w/ 9 cap. 29 year owner w/ hard $ loan due – MUST sell. Nice building w/ high ceilings in the heart of town w/ excellent exposure on large corner lot w/ tons of parking. Seller sold business (El Agave Mexican Bar, including clean 48 liquor license, no food required) 6 years ago. Tenant has 3 years left on lease + 5 year option. Current rent $1900, $2000 in year 6 and tenant pays everything. El Agave is open 3pm – 2am Thursday thru Sunday. San Bernardino is the county seat of San Bernardino county, the 17th largest city in California, home of the Guatemala and Mexico consulates and beautiful CSUSB.
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