Real Estate Included ; Heart of Downtown Pomona Arts Colony | 197 E 2nd St, Pomona, CA. Four floors, One Address
RRC#5396
Offered at $6,750,000
Location: 197 E 2nd St, Pomona, CA
Annual Revenue: $1,750,000
Annual Cash Flow: Contact for Info
EXECUTIVE SUMMARY
A rare and lucrative opportunity to acquire both a high-performing owner-operated restaurant and event venue alongside the underlying commercial real estate in downtown Pomona CA.
Located at 197 E 2nd St in the center of the vibrant Pomona Arts Colony and Antiques Row, this property features an active Type 47 Full Liquor License (transferable with sale), a fully equipped commercial kitchen led by an established executive chef, and immediate multi-tenant rental income.
This turnkey offering allows an owner-user or investor to gain full operational control and asset equity while capitalizing on multiple income streams under one roof.
- Proven, Growing Cash Flow: $1.37M (2024) to $1.75M (2025) to $2.0M+ (2026 projected). This represents a third consecutive year of growth, roughly 46% above 2024.
- Seller Carry Available: $3,500,000 at 5%, interest only, for 5 years, significantly lowering the buyer’s cash requirement.
- Real Estate and Business in One Transaction: SBA-eligible for a qualified owner-operator, broadening the buyer pool beyond all-cash buyers.
- Four Revenue Concepts Under One Roof: No single category exceeded 40% of 2025 net sales, reducing reliance on any single line.
- Private Events Up 62.5% Year-Over-Year: Highest-margin channel and clearest near-term upside.
- Turnkey Facility: More than $1,000,000 already invested across all four floors. The buyer is not underwriting a renovation.
- Liquor License: Type 47 liquor license included, allowing operation of up to five bars.
- Tax Advantage: Located in a Federal Opportunity Zone for qualified-investor capital gains treatment.
Deal Structure & Financing
Against the $6,750,000 purchase price, the $3,500,000 seller carry covers roughly half the capital stack. Between the seller note and SBA-eligible financing on the balance, a qualified operator can control this multi-concept hospitality business and its underlying real estate for a fraction of the typical cash requirement.
PROPERTY & BUSINESS HIGHLIGHTS
• Owner-Occupied Real Estate + Business Package: Complete control of both the operating business and the valuable real estate.
• Active Type 47 Liquor License: Full liquor license included and transfers seamlessly with the sale.
• Diversified Multi-Stream Revenue: Income generated via the owner-operated restaurant and event center, plus two revenue-sharing tenant leases.
• In-Place Rental & Sales Participation Income:
• Cefishe: 2-year lease generating $5,000/month base rent plus 50% of bar sales.
• Old Skool Cafe: Generating $10,500/month base rent plus 50% of total sales.
• Fully Equipped (Turnkey FF&E Included): Complete commercial kitchen buildout, bar buildout, tables, chairs, state-of-the-art AV and sound systems, ready for Day 1 operation.
• Seller Financing Available: Potential seller financing for qualified buyers, expanding purchasing power and structuring flexibility.
LOCATION & ACCESSIBILITY
• Prime Location: Situated on E 2nd St in the heart of Pomona’s Arts Colony and Antiques Row.
• High Foot Traffic & Cultural Hub: Steps from art galleries, bustling nightlife, the historic Fox Theater, and Western University of Health Sciences.
• Excellent Regional Access: Minutes from major Southern California arteries, including the I-10, SR-71, and SR-57 freeways, serving Eastern Los Angeles County and the Inland Empire.
OPERATIONAL & EVENT ASSETS
• Proven & Multi-Faceted Event Revenue:
• Private gatherings (weddings, quinceañeras, corporate dinners, pharmaceutical education dinners, charity mixers, and fundraisers).
• Ticketed nightlife and promoter-hosted events.
• In-house restaurant dining and high-margin catering.
• Turnkey Marketing & Operational Package:
• Existing promoter network and recurring event partnerships providing immediate booked revenue and repeat business pipelines.
• Freshly updated catering menu, rebranded marketing collateral, active website, and standardized event proposal packages (all fully transferable).
• Flexible Layout: Highly adaptable floor plan capable of hosting intimate private dining, large corporate receptions, or high-capacity ticketed live events.
INVESTMENT SUMMARY
Attribute Details
Property Address 197 E 2nd St, Pomona, CA
Asset Class Commercial Real Estate + Restaurant / Event Business
Primary Business Cosmo
Liquor License Active Type 47 (Full Liquor - Included)
Tenant Income Cefishe ($5k/mo + 50% bar) | Old Skool Cafe ($10.5k/mo + 50% sales)
Included Assets Real Estate, Business, Type 47 License, All FF&E, Digital/Marketing Assets
Financing Seller Financing Available to Qualified Buyers
NEXT STEPS & FINANCIALS
2025 P&L and 2026 YTD P&L statements for Cosmo are available upon request. Trailing Twelve Months (TTM) breakdowns can be provided as needed.
