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Asking Price: $985,000

Historic Bank Building with Full Upscale Remodel

Pinole, CA
Contra costa County

HISTORIC BANK Building w/ Full Upscale Interior Remodel FOR SALE in Pinole!RRC# 4796Location: 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: $4,630Monthly Cash Flow: Contact for InfoAnnual Revenue: $55,560Annual Cash Flow: Contact for Info General Info:Ownership: Sole Proprietorship Established: 1915Employees:Contact For Info Reason For Sale: Other InterestsMonthly Rent: Suggested Rent to range between $4,750-$5,500/monthExpiration: Real Estate IncludedFacilities: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 

Cash Flow Not Disclosed
Revenue $55,560

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