Freestanding Restaurant with Event
4775 N Sierra Way, San Bernardino, CA 92404
For Sale
$900,000
Commercial Sale, San Bernardino, CA
Property Size3,550 SF
Lot Size0.55 Acres
Price / SF$253.52
Days on Market464
Property Features for 4775 N Sierra Way
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Amenities
Private hall for events or parties
Basement wine cellar/storage area
Building Details
Year built
Buildings
Listing Agency:
Coldwell Banker Commercial Rea · Coldwell Banker Real Estate
Listed By:
Steven Thompson · License CA #01963261
(760) 684-8000
Added: Aug 8, 2025
Changed: Nov 2
Last Checked: Nov 14 at 2:06AM
MLS# HD25179150
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding restaurant building contains approximately 3,550 square feet, with a full commercial kitchen, newer hood and equipment, a dining area, and a separate hall suited to private gatherings. A basement wine cellar provides additional storage space. The property was built in 1951.
The 0.55-acre site occupies the corner of N. Sierra Way and E. 48th Street in San Bernardino, with on-site parking. It is zoned CG (Commercial General).
The 0.55-acre site occupies the corner of N. Sierra Way and E. 48th Street in San Bernardino, with on-site parking. It is zoned CG (Commercial General).
Key Highlights
- Approximately 3,550 SF freestanding restaurant building
- Full commercial kitchen with newer hood and equipment
- Separate hall for private events
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,184
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,680
$1.1M
Cap Rate 7%
$816,914
$816.9K
Cap Rate 9%
$635,378
$635.4K
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$80.9K $22.80/SF
− Vacancy
−$4.7K −$1.32/SF
EGI
$76.2K $21.48/SF
− OpEx
−$19.1K −$5.37/SF
NOI
$57.2K $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 Rate 5%
$1,143,680
Cap Rate 7%
$816,914
Cap Rate 9%
$635,378
Alternative Uses
Best Use
Specialty Retail
$816.9K
$714.8K – $953.1K
NOI $57,184 @ 7.0% cap · market cap 6.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$935.5K – $1.25M
NOI $74,840 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
171k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Groceries 23%
Shops & Services 22%
Electronics 1%
Cardenas Market
Groceries
38,504 visits/mo
0.5 miles
Starbucks
Dining
27,920 visits/mo
0.5 miles
McDonald's
Dining
25,995 visits/mo
0.4 miles
Jack in the Box
Dining
17,152 visits/mo
0.5 miles
Del Taco
Dining
13,546 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in San Bernardino
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A commercial kitchen, basement storage, and on-site parking support the property’s restaurant layout.
Where is this conventional restaurant located?
The property is located at 4775 N Sierra Way San Bernardino, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 3,550 SF freestanding restaurant building; Full commercial kitchen with newer hood and equipment; Separate hall for private events
