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 [email protected]
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
