Landmark Hillside Restaurant & Banquet
For Sale
Contact for pricing
670 KENDALL DR, San Bernardino, CA 92407
Turnkey restaurant and event facility with an active ABC Type 47 license, multiple banquet halls, and expansive outdoor event space.
Property Size13,520 SF
Price / SF$458.58
Days on Market51
Property Features for 670 KENDALL DR
General Information
Standard status
Active
Size
13,520 SF
Property subtype
Retail, Hospitality, Business for Sale
Building Details
Year Built
2019
Listing Agency:
City Center Realty Group Inc
(818) 209-0922
Listed By:
Steve Hovakimyan · License #01363908
Source:
Crexi
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 2 at 11:16AM
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 City Center Realty Group Inc
Investment Insights
Based on property information with market context.
Situated on approximately 28.44 acres, this hillside restaurant and banquet destination includes a roughly 13,520-square-foot facility and is offered turnkey with the operating business, furniture, fixtures and equipment, and an active ABC Type 47 license. The venue is built for large gatherings with four interior banquet halls sized for approximately 80, 100, 250, and 350 guests. Outdoor event areas include two gazebo spaces accommodating approximately 150 and 500+ guests, plus an outdoor patio seating area for approximately 200 guests and a terrace accommodating approximately 60 guests. Additional property amenities include multiple fire pits, and the setting offers unobstructed city views.
The property is positioned as a destination for weddings, banquets, corporate functions, and special events, with the ability to host more than 1,000 guests across the property. The listing also notes successful events exceeding 1,100 attendees, reflecting the venue’s established event infrastructure. Scenic views are a core part of the guest experience, with panoramic outlooks toward the Inland Empire, surrounding valleys, and mountain ranges.
For operators, this is a turnkey hospitality offering designed for recurring event demand, combining indoor and outdoor capacities within one property and an active alcohol license included in the sale. For investors or buyers considering hospitality-focused redevelopment, the inclusion of substantial land holdings supports a continued event-venue concept or other repositioning approaches referenced by the listing.
The property is positioned as a destination for weddings, banquets, corporate functions, and special events, with the ability to host more than 1,000 guests across the property. The listing also notes successful events exceeding 1,100 attendees, reflecting the venue’s established event infrastructure. Scenic views are a core part of the guest experience, with panoramic outlooks toward the Inland Empire, surrounding valleys, and mountain ranges.
For operators, this is a turnkey hospitality offering designed for recurring event demand, combining indoor and outdoor capacities within one property and an active alcohol license included in the sale. For investors or buyers considering hospitality-focused redevelopment, the inclusion of substantial land holdings supports a continued event-venue concept or other repositioning approaches referenced by the listing.
Key Highlights
- 2019‑built 13,520‑SF restaurant and event facility on approximately 28.44 acres with panoramic Inland Empire views
- Active ABC Type 47 license included with the real estate, operating business, and FF&E
- Four interior banquet halls with capacities of approximately 80, 100, 250, and 350 guests
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 | $308.3k | $22.80 |
| − Vacancy | −$17.9k | −$1.32 |
| EGI | $290.4k | $21.48 |
| − OpEx | −$72.6k | −$5.37 |
| NOI | $217.8k | $16.11 |
13,520 SF · lease $22.80/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.11M
$2.72M – $3.63M
NOI $217,783 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $285,023 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Beauty & Spa 8%
Shops & Services 8%
Electronics 6%
El Pollo Loco
Dining
11,459 visits/mo
0.3 miles
Farmer Boys
Dining
8,018 visits/mo
0.2 miles
Wingstop
Dining
7,206 visits/mo
0.3 miles
Great Clips
Beauty & Spa
4,306 visits/mo
0.3 miles
Spectrum
Shops & Services
3,926 visits/mo
0.3 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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Frequently Asked Questions
What type of property is this?
Wedding venue - Turnkey restaurant and event facility with an active ABC Type 47 license, multiple banquet halls, and expansive outdoor event space.
Where is this wedding venue located?
The property is located at 670 KENDALL DR San Bernardino, CA.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: 2019‑built 13,520‑SF restaurant and event facility on approximately 28.44 acres with panoramic Inland Empire views; Active ABC Type 47 license included with the real estate, operating business, and FF&E; Four interior banquet halls with capacities of approximately 80, 100, 250, and 350 guests
