390 Hospitality Ln, San Bernardino, CA 92408
- Commercial real estate
- 10,171 SF
Current Use by Public Records
- TGI Fridays / Restaurant
Property Details for 390 Hospitality Ln
- Year built
- 1986
- Property type
- Commercial real estate
- APN
- 0281-372-03-0000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 29, 2023 | — | Benjamin Schick | Benjamin Schick | Deed · related | — |
| Sep 12, 2022 | $4,725,000 | Benjamin Schick | Jade INC | Grant Deed | — |
| Oct 1, 2019 | $3,800,000 | Jade INC | Majestic Empire Holdings LLC | Grant Deed | — |
Description
This exceptional 10,171 square foot restaurant is available for sale at $4,725,000. Located at 390 E Hospitality Lane in San Bernardino, CA 92408, this single-story, 1986-built property boasts high visibility from the I-10 Freeway and sits on a 21,344 square foot lot. The property features a fully equipped commercial kitchen (lacking only a dishwasher), a contemporary bar area with seating for 62, and a spacious dining area with capacity for 298 patrons (236 inside, additional outside seating). The building includes 9 rooftop units (RTU), 5 exhaust fans (EF), and 4 make-up fans (MUF) for HVAC. Fire suppression is provided by a fully sprinklered and alarmed system with ionization-type smoke detectors. The roof is a thermoplastic polyolefin (TPO) membrane, and a 1000-gallon grease trap is in place. An automated commercial cooking oil management system is also installed. The property is ADA compliant and includes ample parking (60 spaces, 6.2 ratio), plus reciprocal parking with nearby buildings, totaling approximately 1,535 stalls. All existing furniture and kitchen equipment are included, comprising 160 chairs, 60 stools, 46 tables, 8 high-top tables, a reception desk, office chairs, stoves, deep fryers, ovens, refrigerators, storage, racks, and various cooking utensils and storage pans. The property is zoned ERW and is offered as a vacant, owner/user investment opportunity with NNN lease terms negotiable. A full set of plans is available. The San Bernardino dining sector is experiencing growth, with a local median household income of $75,000 and a county-wide median of $103,000. The area has seen a 3% population increase since 2020. This turnkey operation presents significant growth potential and flexibility for various dining concepts. Internal roof access is also available.
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Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.27661777
- Latitude
- 34.06655133
