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2361 San Pablo Ave

1,760 SF Retail Building Pinole, CA 94564 £770,713 (£438/SF)

Investment Highlights

  • This stunning white Bank Building with timeless front pillars is listed on the National Registry of Historic Buildings.
  • The space has a gated ~500sf patio outside. The downstairs area can accommodate ~50 guests with another ~40 guests upstairs.
  • Improvements include ADA upgrades with two ADA bathrooms, new electric panels with 3 phase power and a new commercial water heater, new HVAC, office+

Executive Summary

HISTORIC BANK Building w/ Full Upscale Interior Remodel FOR SALE in Pinole!
RRC# 4796
Location: 2361 San Pablo Avenue, Pinole
Description:
Own a piece of History..... Literally! This stunning white Bank Building with timeless front pillars is listed on the National Registry of Historic Buildings. The current owner did the hard work of completing his full upscale interior design and remodel. His upgrades were all meticulous and according to current code. The improvements include ADA upgrades with two ADA bathrooms, new electric panels with 3 phase power and a new commercial water heater, new HVAC, office, a new kitchen w/walk-in fridge, a bartop and service area, fabulous white marble tiles and high-end surfaces, modern metal light fixtures from the ceiling and along the walls and so much more.
The current building owner is taking in a tenant monthly rental income of $4630/month. Suggested market rental rate ranges between $4750-$5500/month.

The expansive open space could be used by a variety of businesses or concepts, it has two levels for guest seating, events, office space or showroom use.
The space has a gated ~500sf patio outside. The downstairs area can accommodate ~50 guests with another ~40 guests upstairs. The space has a perfect layout for events or galas.
Currently, only three structures in Pinole have been designated as historic. The Bank of Pinole was built in 1915. This 2517sf building oozes charm and with the new design and upgrades it is ready to be reborn to something great! Don't miss out on this very rare opportunity to be your own landlord and reinvent your concept or business in this timeless and historic building.
Grab your piece of history now and reach out to: Andy Mirabell andy@restaurantrealty.com

Financial Information:
Monthly Revenue: $4,630
Monthly Cash Flow: Contact for Info
Annual Revenue: $55,560
Annual Cash Flow: Contact for Info
General Info:
Ownership: Sole Proprietorship
Established: 1915
Employees:Contact For Info
Reason For Sale: Other Interests
Monthly Rent: Suggested Rent to range between $4,750-$5,500/month
Expiration: Real Estate Included
Facilities:
Square Feet: 2,517
Seating: 40-50 Main Floor, ~40+ upstairs, ~30-40 patio
Parking:Shared parking lot and easy street parking
Licenses:Contact For Info
Days/Hours of Operation: Up to new owner - flexible

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,760 SF
Building Class
C
Year Built
1915
Price
£770,713
Price Per SF
£438
Tenancy
Single
Number of Floors
1
Building FAR
0.29
Lot Size
0.14 AC
Zoning
C-2
Parking
4 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
38 ft on San Pablo Ave
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of Montreal
Mechanics Bank
The Habit Burger Grill
Starbucks
Orangetheory Fitness
Sprouts Farmers Market
Peet's Coffee
Bank of America
Five Guys
Trader Joe's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
401-162-003-8
Land Assessment
£162,812
Improvements Assessment
£264,570
Total Assessment
£427,382
  • Listing ID: 32095967

  • Date on Market: 11/06/2024

  • Last Updated:

  • Address: 2361 San Pablo Ave, Pinole, CA 94564

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