22505 8th St - Freestanding FOR SALE


Santa Clarita, CA 91321- Newhall
$1,225,000 USD
818-472-0618
22505 8th St, Santa Clarita, CA for Sale
$1,225,000 USD
Freestanding - FOR SALE
1/32
null | 6.33% Cap Rate

NEW


22505 8th St
Santa Clarita, CA 91321
Newhall


HIGHLIGHTS

  • A historic establishment in Old Town Newhall, California.
  • Heavy daytime foot traffic.
  • Anchor Tenant Long Term Lease

OVERVIEW

RE/MAX of Santa Clarita – The Alonso Real Estate Group, is proud to present 22505-22509 Eight St, Newhall, CA, 91321. Freestanding building currently 100% Leased by Gloria’s Salon and Eight & Rail Pub serving as the anchor Tenant. Grab a bar stool and a cold one, we’re taking you back to the Wild-Wild-West! As seen on TV in popular shows such as “Beverly Hills 90210” – “911 LA” - and “Chicago Fire.” Eighth and Rail Pub, is said to have the longest running liquor license, it has been around since the 1800’s when it was Derek’s Saloon during the Gold Rush days. Derek's Saloon” refers to a historic establishment in Old Town Newhall, California, at the corner of Railroad Avenue and Eighth Street, originally established during the Gold Rush days, known for serving the Pico Canyon oil drillers and having a long history as a local watering hole. . “In January and February of 1878, the town of Newhall moved from the junction of modern-day Bouquet Canyon Road and Magic Mountain Parkway, where it started in 1876, to the corner of Railroad Avenue and Eighth Street. Sporting the blank frontage at left is Mike Powell's Palace Saloon. In the center is George Campton's general store, which was originally established at Bouquet Junction in 1876 and housed the Newhall Post Office. At right is the Derrick Saloon, a favorite of the Pico Canyon oil drillers (Mentryville was a "dry" town). Barely visible next to (behind) the Derrick is a "Billiard and Pool Room" which advertised "soft drinks, cigars and tobacco" on its storefront sign. In the distance is the spire of the first Newhall School, built about 1879. It burned down in 1890.” (References/credit: https://scvhistory.com/scvhistory/ap0607.htm) . Coming back to the present, the property has been improved throughout the years, most recent notable improvements include (but not limited to): 2025: resurfaced the roof with a ten 10 year warranty silicon spray foam UV protection helps insulate and seal the roof. 2024: installed new sound system. 2023: whole building copper re-pipe, from the meter throughout the building. Replaced the HVAC inside the Salon. 2015: repaved the parking lot. 2013: main electrical panel upgraded, Bar side only. 2010: replaced the main sewer line from street to building. Insulated all the interior walls.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

22505-22509 8th St Newhall CA 91321

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,582 SF

ZONING

SCSP

APN/PARCEL ID

2831-010-044

ASK ABOUT THIS PROPERTY

Jose AlonsoRE/MAX CommercialMore Info
818-472-0618

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Jose AlonsoRE/MAX CommercialMore Info
818-472-0618

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.