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

General Info

  • OrganizationSole Proprietorship
  • Established1915
  • Current Owner2019
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating40-50 Main Floor, ~40+ upstairs, ~30-40 patio
  • Square Feet2,517
  • ParkingShared parking lot and easy street parking
  • LicensesContact For Info
  • Open HoursUp to new owner - flexible

Lease

  • RentSuggested Rent to range between $4,750-$5,500/month
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue$4,630
  • Monthly Cash FlowContact For Info
  • Annual Revenue$55,560
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location