197 E 2nd St - Bar FOR SALE


Pomona, CA 91766- Downtown Pomona
$7,250,000 USD
818-433-0548
197 E 2nd St, Pomona, CA for Sale
$7,250,000 USD
Bar - FOR SALE
1/28
null | Request Cap Rate

197 E 2nd St
Pomona, CA 91766
Downtown Pomona


HIGHLIGHTS

  • Premier Turnkey Entertainment Venue: Fully renovated 17,500 SF, 4-level entertainment destination in the heart of Downtown Pomona.
  • $1M+ Renovation in 2025: Complete top-to-bottom transformation with high-end finishes and modern infrastructure.
  • Four Distinct Entertainment Concepts: Includes a main restobar with a performance stage, private event lounge, and a grand event space for 350 guests
  • Type 47 Liquor License Included: Allows for the operation of up to five full-service bars, a significant and valuable asset.
  • State-of-the-Art A/V Systems: Over $200,000 invested in professional-grade sound, lighting, and visuals, including a 20-foot LED video wall.
  • Federal Opportunity Zone: Located within a designated Opportunity Zone, offering significant tax benefits for qualified investors.

OVERVIEW

Proud to present a once-in-a-generation opportunity to acquire a fully renovated, state-of-the-art, multi-level entertainment destination in one of Southern California's most vibrant and rapidly growing cultural districts. This magnificent 17,500 square-foot building, located at 197 E 2nd Street, has undergone a complete, top-to-bottom transformation in 2025, with over $1,000,000 invested in upgrades. The result is a truly turnkey entertainment powerhouse, featuring four distinct, synergistic venues, each with its own unique character and appeal. From an intimate, password-protected speakeasy to a grand ballroom-style event space, this property offers an unparalleled range of experiences for a diverse clientele. Located in the heart of the Downtown Pomona Arts Colony, this property is situated in a vibrant and thriving neighborhood, recognized as one of the most significant cultural districts in the Inland Empire. It is within walking distance of the Metrolink station and Western University, and benefits from a Federal Opportunity Zone designation, offering significant tax advantages to qualified investors. This is a rare opportunity to acquire a fully operational, profitable, and turnkey entertainment business with an established customer base and brand recognition. All furniture, fixtures, and equipment (FF&E) are included in the sale, as is a valuable Type 47 liquor license, allowing for the operation of up to five bars. Location Description 197 E 2nd Street sits at the epicenter of the Pomona Arts Colony, one of the Inland Empire’s most established and high-traffic cultural districts. The area seamlessly blends arts, commerce, education, and urban living, creating a built-in audience for entertainment and experiential uses. The location benefits from consistent foot traffic driven by the iconic Second Saturday Art Walk, multiple galleries, the Latino Art Museum, the American Museum of Ceramic Arts, and nearby landmarks including the Fox Theater and the Glass House. Surrounded by antique row, restaurants, cafés, and nightlife, the property is strategically positioned within a vibrant, year-round destination environment.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C3, Pomona

APN/PARCEL ID

8335-009-015

ASK ABOUT THIS PROPERTY

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818-433-0548

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818-433-0548

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