Restaurant Building with Commercial
New
For Sale
$1,100,000
127 E Highland Ave, San Bernardino, CA 92404
Bar and dining area includes booth seating, multiple TVs, and stainless-steel kitchen equipment.
Property Size2,287 SF
Days on Market7
Property Features for 127 E Highland Ave
General Information
Standard status
Active
Size
2,287 SF
Property subtype
Commercial
Additional Details
Commercial Hood
Yes
Building Details
Building Size
2,287 SF
Year Built
1952
Listing Agency:
DANIEL GENIE REALTY
(626) 622-1839
Listed By:
Daniel Genie
(626) 622-1839
Source:
Elliman
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 19 at 10:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DANIEL GENIE REALTY
Investment Insights
Based on property information with market context.
This restaurant property includes a dedicated bar and dining area with booth seating and multiple TVs. The commercial kitchen is equipped with stainless-steel appliances, prep stations, and a ventilation hood. Exterior features include a distinctive color scheme, decorative columns, and a paved parking area.
Located at 127 E Highland Ave in San Bernardino, the property offers access to major routes and sits within a business corridor described as having consistent traffic. Walk Score is 74, Bike Score is 51, and Transit Score is 45. Built in 1952, the building is configured around restaurant operations with front-of-house dining and bar areas supported by a fully equipped kitchen.
Located at 127 E Highland Ave in San Bernardino, the property offers access to major routes and sits within a business corridor described as having consistent traffic. Walk Score is 74, Bike Score is 51, and Transit Score is 45. Built in 1952, the building is configured around restaurant operations with front-of-house dining and bar areas supported by a fully equipped kitchen.
Key Highlights
- Commercial restaurant property at 127 E Highland Ave, San Bernardino, CA 92404
- Commercial kitchen with stainless‑steel appliances, prep stations, and ventilation hood
- Bar and dining area with multiple TVs and booth seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,839
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,780
$736.8K
Cap Rate 7%
$526,271
$526.3K
Cap Rate 9%
$409,322
$409.3K
Market Conditions
NOI Build-Up for 2,287 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.1K $22.80/SF
− Vacancy
−$3.0K −$1.32/SF
EGI
$49.1K $21.48/SF
− OpEx
−$12.3K −$5.37/SF
NOI
$36.8K $16.11/SF
Area
San Bernardino, CA
Vacancy
5.80%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,780
Cap Rate 7%
$526,271
Cap Rate 9%
$409,322
Alternative Uses
Best Use
Specialty Retail
$526.3K
$460.5K – $614.0K
NOI $36,839 @ 7.0% cap · market cap 3.35%
Second Best
Industrial
$308.3K
$269.7K – $359.6K
NOI $21,578 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$688.8K
$602.7K – $803.6K
NOI $48,214 @ 7.0% cap · market cap 4.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Chase Bank
Shops & Services
12,381 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,714 visits/mo
0.2 miles
Baker's Drive Thru
Dining
10,330 visits/mo
0.2 miles
ARCO
Shops & Services
9,944 visits/mo
0.2 miles
Taco Bell
Dining
9,200 visits/mo
0.4 miles
Demographics for 92404, CA
64,270
Population
19,403
Households
3.3
Avg Household Size
31
Median Age
10%
College-Educated
72%
High-School Grad
31.6 sq mi
ZIP Area
2,034
Density / Sq Mi
$66,173
Median Household Income
$36,237
Median Earnings
$1,386
Median Rent
$383,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- china sun buffet — 580 e highland ave, san bernardino, ca 92404
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Bar and dining area includes booth seating, multiple TVs, and stainless-steel kitchen equipment.
Where is this conventional restaurant located?
The property is located at 127 E Highland Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercial restaurant property at 127 E Highland Ave, San Bernardino, CA 92404; Commercial kitchen with stainless‑steel appliances, prep stations, and ventilation hood; Bar and dining area with multiple TVs and booth seating
