$550,000

24075 Lake Drive

Crestline CA, 92325

Description

Built in 1946, as one of the original A&W Root Beer restaurants, The A Restaurant is a fixture, and local landmark, in downtown Crestline. Run by Liz for over 40 years, health concerns have now led to an opportunity for the right buyer. The A offers take out, as well as indoor dining for as many as 24 people. Located on a busy corner, covering 10,000sf of land, this is an ideal location. Plenty of parking, as well as room for expansion. There is also a small retail store on the side, that has been rented for $375/month. Seller may also consider selling the adjacent parcel with a small home on it, for additional dollars. The restaurant does need work, and potential code upgrades. But there is huge upside potential for this location. Property is being sold in current condition, and with an inventory to be determined.

Details

MLS2201839
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site17

Features

SQ Feet988
Story(s)2

Market Activity 92325

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Area Information
StateCA
CountySan Bernardino
CityCrestline
Zip Code92325
AreaCrestline
Listing VS Median (in 92325)
Price:
$550,000
low | high
Med:
$179,950
100% of Average
SqFt:
988
low | high
Med:
566
92.712550607287% of Average
$ / SqFt:
$557
low | high
Med:
$388
80.314211938664% of Average
On Site:
17
low | high
Med:
35.5
47.887323943662% of Average
Listing Updated: 10/29/2020
Listing Provided By: James Newcomb of Coldwell Banker Sky Ridge

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