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Millman Team Real Estate

$6,950,000
0.10 Acre Lot

197 E 2nd Street, Pomona, California 91766

  • Commercial Sale Property Type
  • 1932 Year Built
Property Description

Four-level, 17, 300 SF entertainment and hospitality venue in Downtown Pomona, offered as a combined sale of the real property and the operating business. Built in 1932 with over $1M in recent capital improvements across all four floors. The building houses four established concepts: a fourth-floor concert and event venue, a third-floor caf, a street-level restaurant and bar, and a lower-level mariscos speakeasy. An active Type 47 liquor license transfers with the sale, along with all furniture, fixtures, and equipment. The operation is growing, with net sales up 29.5%, guest count up 22%, and private events up 62.5% year over year. Priced at $6, 950, 000 with seller financing available: $3.5M carry at 5%, interest only, five-year term. Located in a Federal Opportunity Zone in the Downtown Pomona Arts Colony, steps from the Metrolink station. SBA eligible. Buyer to verify all information.

Basic Details
Commercial Sale
For Sale
26865211
$6,950,000
1932
0.10 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Pomona
91766
2nd
197
Street
W118° 15' 2.8''
N34° 3' 29''
10 Fwy, exit Garey Ave south, left on 2nd St. Property on north side, east of Garey. Cross streets: Garey Ave & 2nd St.
687 - Pomona
E
POC3*
Additional Information
$0
$0
$0
$0
$0
17300
Heavy
2026-07-27
4
Broker/Agent Information
Exp Commercial of California, Inc.
Karl Markarian
Listing Information
Tanairy Felix
DWFELTAN
DWEXW
eXp Realty of California Inc.
CLW-C118574
CLW-X83131
Trust Deed
Active
2026-07-28T03:44:44Z
CRMLS
: Standard
2026-07-27T00:00:00Z
Agent info
Ray Millman
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