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  • RE:  Historic Bank Building With Full Upscale Remodel
  • Contact:  Steve Zimmerman
  • License #: 1310250

Quick Facts

Asking Price: $985,000
Annual Revenue: $55,560
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1915
Employees: Not Disclosed
BBN Listing #: 948224
Broker Reference #: 4796

Email or Print Listing

Business Overview:

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 

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

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

Market Competition and Expansion:

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

Reason for Selling:

Other Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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