Two-Story Retail Restaurant
376 2nd Upland, CA 91786
376 2nd, Upland, CA, 91786
$1,850,000
For Sale
$1,850,000
Rehabbed retail building with an all-glass second floor featuring 35 motorized windows and shades, pending additional work for CO.
Property Size7,200 SF
Price / SF$256.94
Days on Market78
Property Features for 376 2nd
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agency
DAUM COMMERCIAL RE SERVICES
(909) 980-1234
Listed by
LEE SPENCE · License #00954487
Source
Xome
Added: May 6 Updated: Jul 22 at 11:04AM Checked: Jul 22 at 11:04AM
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 DAUM COMMERCIAL RE SERVICES
Investment Insights
Based on property information with market context.
This rehabbed retail building has been rebuilt from the ground up, with a prominent all-glass second floor. The second level includes 35 motorized windows and shades designed to control light and create an ambiance. Additional work is still needed to obtain a certificate of occupancy, although the major rehabilitation has already been completed.
The property is positioned right on the Pacific Electric bike trail. The City of Upland is also under construction on the adjacent property to complete a multi-million-dollar park area.
Suitable for an operator seeking a distinctive, build-out-ready restaurant concept, the building’s second-floor glazing and controlled window and shade package are key differentiators while final permitting is pending.
The property is positioned right on the Pacific Electric bike trail. The City of Upland is also under construction on the adjacent property to complete a multi-million-dollar park area.
Suitable for an operator seeking a distinctive, build-out-ready restaurant concept, the building’s second-floor glazing and controlled window and shade package are key differentiators while final permitting is pending.
Key Highlights
- Rehabbed retail building with an all‑glass second floor
- Second floor includes 35 motorized windows and shades
- Property needs additional work to obtain a certificate of occupancy (CO)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.4k | $13.80 |
| − Vacancy | −$6.3k | −$0.87 |
| EGI | $93.1k | $12.93 |
| − OpEx | −$23.3k | −$3.23 |
| NOI | $69.8k | $9.70 |
7,200 SF · lease $13.80/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$997.5K
$872.8K – $1.16M
NOI $69,825 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,311 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Rehabbed retail building with an all-glass second floor featuring 35 motorized windows and shades, pending additional work for CO.
Where is this conventional restaurant located?
The property is located at 376 2nd Upland, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Rehabbed retail building with an all‑glass second floor; Second floor includes 35 motorized windows and shades; Property needs additional work to obtain a certificate of occupancy (CO)
