Real Estate Included ; Heart of Downtown Pomona Arts Colony | 197 E 2nd St, Pomona, CA. Four floors, One Address

RRC#5369
Offered at $6,750,000
Location: 197 E 2nd St, Pomona, CA
Annual Revenue: $1,750,000
Annual Cash Flow: Contact for Info

EXECUTIVE SUMMARY

A rare and lucrative opportunity to acquire both a high-performing owner-operated restaurant and event venue alongside the underlying commercial real estate in downtown Pomona CA.


Located at 197 E 2nd St in the center of the vibrant Pomona Arts Colony and Antiques Row, this property features an active Type 47 Full Liquor License (transferable with sale), a fully equipped commercial kitchen led by an established executive chef, and immediate multi-tenant rental income.

This turnkey offering allows an owner-user or investor to gain full operational control and asset equity while capitalizing on multiple income streams under one roof.

- Proven, Growing Cash Flow: $1.37M (2024) to $1.75M (2025) to $2.0M+ (2026 projected). This represents a third consecutive year of growth, roughly 46% above 2024.

- Seller Carry Available: $3,500,000 at 5%, interest only, for 5 years, significantly lowering the buyer’s cash requirement.

- Real Estate and Business in One Transaction: SBA-eligible for a qualified owner-operator, broadening the buyer pool beyond all-cash buyers.

- Four Revenue Concepts Under One Roof: No single category exceeded 40% of 2025 net sales, reducing reliance on any single line.

- Private Events Up 62.5% Year-Over-Year: Highest-margin channel and clearest near-term upside.

- Turnkey Facility: More than $1,000,000 already invested across all four floors. The buyer is not underwriting a renovation.

- Liquor License: Type 47 liquor license included, allowing operation of up to five bars.

- Tax Advantage: Located in a Federal Opportunity Zone for qualified-investor capital gains treatment.

Deal Structure & Financing

Against the $6,750,000 purchase price, the $3,500,000 seller carry covers roughly half the capital stack. Between the seller note and SBA-eligible financing on the balance, a qualified operator can control this multi-concept hospitality business and its underlying real estate for a fraction of the typical cash requirement.

PROPERTY & BUSINESS HIGHLIGHTS

• Owner-Occupied Real Estate + Business Package: Complete control of both the operating business and the valuable real estate.

• Active Type 47 Liquor License: Full liquor license included and transfers seamlessly with the sale.

• Diversified Multi-Stream Revenue: Income generated via the owner-operated restaurant and event center, plus two revenue-sharing tenant leases.

• In-Place Rental & Sales Participation Income:

• Cefishe: 2-year lease generating $5,000/month base rent plus 50% of bar sales.

• Old Skool Cafe: Generating $10,500/month base rent plus 50% of total sales.

• Fully Equipped (Turnkey FF&E Included): Complete commercial kitchen buildout, bar buildout, tables, chairs, state-of-the-art AV and sound systems, ready for Day 1 operation.

• Seller Financing Available: Potential seller financing for qualified buyers, expanding purchasing power and structuring flexibility.

LOCATION & ACCESSIBILITY

• Prime Location: Situated on E 2nd St in the heart of Pomona’s Arts Colony and Antiques Row.

• High Foot Traffic & Cultural Hub: Steps from art galleries, bustling nightlife, the historic Fox Theater, and Western University of Health Sciences.

• Excellent Regional Access: Minutes from major Southern California arteries, including the I-10, SR-71, and SR-57 freeways, serving Eastern Los Angeles County and the Inland Empire.