12170 4th Street

    Yucaipa, CA 92399
    • $799,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: TR18212458
    UPDATED: 72 min ago
    $799,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $266
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Jakes Bistro and Brew. Established, popular, restaurant. Please do not disturb the tenant. Real estate is being offered .. not the restaurant. 4.6% cap rate at the asking price. 4 years left to run on the lease plus 2, 5 yr options. This is a great "sleep well at night" investment. the rent is reasonable and the per sq. ft. price is great at $283 / sq. ft. that is below replacement costs!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/87065516

    12170 4th Street Yucaipa, CA 92399

    • Price: $799,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: TR18212458
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    3,000
    SQFT
    $266
    $/SQFT
    1980
    Built
    Neighborhood:
    269 - Yucaipa/Calimesa
    County:
    San Bernardino
    Area:
    269 - Yucaipa/Calimesa
    Property Description
    Jakes Bistro and Brew. Established, popular, restaurant. Please do not disturb the tenant. Real estate is being offered .. not the restaurant. 4.6% cap rate at the asking price. 4 years left to run on the lease plus 2, 5 yr options. This is a great "sleep well at night" investment. the rent is reasonable and the per sq. ft. price is great at $283 / sq. ft. that is below replacement costs!
    Exterior Features

    Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type Restaurant Cap Rate 4.60 Country Us Gross Scheduled Income 52440.00 Insurance Expense 1500.00 Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 1 Property Sub Type Retail Real Estate Tax Expense 10200.00 Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Lee Spence of Daum Commercial Re Services.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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