197 E 2nd St

Pomona, CA 91766
  • $6,950,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 17,300

    SqFt

About the Listing CLW-X83131 - CLW-C118574,DWFELTAN

Four-level, 17,300 SF entertainment and hospitality venue in Downtown Pomona, offered as a combined sale of the real property and the operating business. Built in 1932 with over $1M in recent capital improvements across all four floors. The building houses four established concepts: a fourth-floor concert and event venue, a third-floor caf, a street-level restaurant and bar, and a lower-level mariscos speakeasy. An active Type 47 liquor license transfers with the sale, along with all furniture, fixtures, and equipment. The operation is growing, with net sales up 29.5%, guest count up 22%, and private events up 62.5% year over year. Priced at $6,950,000 with seller financing available: $3.5M carry at 5%, interest only, five-year term. Located in a Federal Opportunity Zone in the Downtown Pomona Arts Colony, steps from the Metrolink station. SBA eligible. Buyer to verify all information.

Listing Highlights

Status Active
Days on Site 33
Property Type Commercial Sale
MLS ® 26865211
Year Built 1932
Total Square Footage 17,300
Lot/Acreage 0.1
County Los Angeles
Building Name The Cosmo

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
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  • Below Ground Sq Ft: n/a
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Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: POC3*
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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8335009015
  • Tax Year: N/A

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197 E 2nd St Pomona, CA 91766

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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