Restaurant, Bar and
For Sale
$1,395,000
4352 & 4360 N Sierra Way, San Bernardino, CA 92407
Freestanding restaurant, bar, and nightclub with indoor and outdoor seating and active CUP plus a type 47 liquor license.
Property Size5,483 SF
Lot Size0.31 Acres
Price / SF$254.42
Days on Market97
Property Features for 4352 & 4360 N Sierra Way
General Information
Standard status
Active
Size
5,483 SF
Lot size
0.31 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Building Size
5,483 SF
Year Built
1965
Listing Agency:
Allied Commercial Real Estate
Listed By:
Tony M. Guglielmo, CCIM · License #CalDRE #01301532
(909) 456-6133
Source:
Alliedcommercialrealestate
Added: Jun 2
Changed: Aug 16
Last Checked: Sep 6 at 7:52AM
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 Allied Commercial Real Estate
Investment Insights
Based on property information with market context.
Offered for sale is a freestanding Restaurant, Bar and Nightclub with an active CUP in place and a type 47 liquor license. The property includes two indoor areas totaling approximately 5,483 square feet and an outdoor seating area totaling approximately 1,516 square feet, spread across two parcels totaling approximately 13,500 square feet.
The CUP supports Dine & Dance/Live Entertainment. The facility has more than 8 years of operating history and is listed as being less than 2 miles from Cal State San Bernardino. Please do not disturb the current occupant, and contact the agent directly for additional information or to schedule a tour.
The CUP supports Dine & Dance/Live Entertainment. The facility has more than 8 years of operating history and is listed as being less than 2 miles from Cal State San Bernardino. Please do not disturb the current occupant, and contact the agent directly for additional information or to schedule a tour.
Key Highlights
- Freestanding restaurant, bar, and nightclub built in 1965
- Active CUP in place for Dine & Dance/Live Entertainment
- Type 47 liquor license included
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
$88,321
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
6.33%
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%
$1,766,420
$1.8M
Cap Rate 7%
$1,261,729
$1.3M
Cap Rate 9%
$981,344
$981.3K
Market Conditions
NOI Build-Up for 5,483 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
$125.0K $22.80/SF
− Vacancy
−$7.3K −$1.32/SF
EGI
$117.8K $21.48/SF
− OpEx
−$29.4K −$5.37/SF
NOI
$88.3K $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%
$1,766,420
Cap Rate 7%
$1,261,729
Cap Rate 9%
$981,344
Alternative Uses
Best Use
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,321 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.93M
NOI $115,590 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
265k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Groceries 33%
Shops & Services 17%
Apparel 13%
Stater Bros. Markets
Groceries
49,754 visits/mo
0.4 miles
Cardenas Market
Groceries
38,504 visits/mo
0.2 miles
T.J. Maxx
Apparel
35,706 visits/mo
0.5 miles
Starbucks
Dining
27,920 visits/mo
0.5 miles
McDonald's
Dining
25,995 visits/mo
0.4 miles
Demographics for 92407, CA
67,814
Population
19,029
Households
3.6
Avg Household Size
31
Median Age
19%
College-Educated
78%
High-School Grad
81.7 sq mi
ZIP Area
830
Density / Sq Mi
$83,662
Median Household Income
$38,967
Median Earnings
$1,771
Median Rent
$473,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Celebrities Sports Grill — 127 W 40th St, San Bernardino, CA 92407
- Ye Olde Lamplighter — 255 E 40th St, San Bernardino, CA 92404
- El Patio Lounge — 4352 N Sierra Way, San Bernardino, CA 92407
- Gutierrez bar — 4775 N Sierra Way, San Bernardino, CA 92404
Frequently Asked Questions
What type of property is this?
Bar & Pub - Freestanding restaurant, bar, and nightclub with indoor and outdoor seating and active CUP plus a type 47 liquor license.
Where is this bar & pub located?
The property is located at 4352 & 4360 N Sierra Way San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Freestanding restaurant, bar, and nightclub built in 1965; Active CUP in place for Dine & Dance/Live Entertainment; Type 47 liquor license included
