28495 Old Town Front Street, Temecula, CA 92590

$2,750,000
5,051
SqFt
List Price
$2,750,000
Status
ACTIVE
MLS#
PW19268625
Living Sq. Ft
5,051
Days on Market
4
Property Type
Commercial
Property Sub Type
Business

Property Description

5,051sf premium restaurant space located at the heart of Old Town Temecula on the busy and most happening Old Town Front Street, large parking lot not only allows for plenty of parking but room to expand. One of the two restaurant tenants Texas Lil's Mesquite Grill has been a marquee restaurant on Old Town Front Street for more than 30 years, the other tenant Mad Madeline's Grill, a repeated award winning restaurant, has been the second anchor tenant since 1991. Both restaurants are well established and are extremely stable with each restaurant having close to 30 or more years of tenancy at this property! A total $204,642 annual income makes this 7.44% cap an excellent investment. Call today!

Additional Information

Water
Public
Total Number of Units
2

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Calculator source: Real Geeks

Listing courtesy of Tony Lam from Coldwell Banker Alliance

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.