Property summary
This exceptional turnkey business opportunity presents the chance to acquire Alfredo's Pizza & Pasta, a well-established Italian restaurant in San Bernardino, CA. Operating since 1979, this thriving business occupies a 4,800 square foot retail building situated on three parcels totaling 23,100 square feet. The property, built in 1968, enjoys a prominent location on West Base Line Street, boasting 165 feet of street frontage in a high-traffic area between Arrowhead Ave and Mountain View Ave. Ample parking is available with approximately 40 spaces, including 3 handicap-accessible spots. The sale includes the real estate, offering a fee simple ownership. The property's location in an Opportunity Zone provides significant tax advantages for investors. The zoning is listed as CG-1 (buyer to verify). Across from Lincoln Elementary School, the restaurant benefits from excellent visibility and signage. This is a rare opportunity to own a successful, long-standing business with significant real estate assets in a desirable location. The asking price is $2,250,000, translating to $333 per square foot.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Hardware & Home Improvement Construction Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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