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197 E 2nd St 17,500 SF Retail Building Pomona, CA 91766 $9,816,572 CAD ($560.95 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Premier Turnkey Entertainment Venue: Fully renovated 17,500 SF, 4-level entertainment destination in the heart of Downtown Pomona.
  • Four Distinct Entertainment Concepts: Includes a main restobar with a performance stage, private event lounge, and a grand event space for 350 guests
  • State-of-the-Art A/V Systems: Over $200,000 invested in professional-grade sound, lighting, and visuals, including a 20-foot LED video wall.
  • $1M+ Renovation in 2025: Complete top-to-bottom transformation with high-end finishes and modern infrastructure.
  • Type 47 Liquor License Included: Allows for the operation of up to five full-service bars, a significant and valuable asset.
  • Federal Opportunity Zone: Located within a designated Opportunity Zone, offering significant tax benefits for qualified investors.

EXECUTIVE SUMMARY

Proud to present a once-in-a-generation opportunity to acquire a fully renovated, state-of-the-art, multi-level entertainment destination in one of Southern California's most vibrant and rapidly growing cultural districts.
This magnificent 17,500 square-foot building, located at 197 E 2nd Street, has undergone a complete, top-to-bottom transformation in 2025, with over $1,000,000 invested in upgrades. The result is a truly turnkey entertainment powerhouse, featuring four distinct, synergistic venues, each with its own unique character and appeal. From an intimate, password-protected speakeasy to a grand ballroom-style event space, this property offers an unparalleled range of experiences for a diverse clientele.
Located in the heart of the Downtown Pomona Arts Colony, this property is situated in a vibrant and thriving neighborhood, recognized as one of the most significant cultural districts in the Inland Empire. It is within walking distance of the Metrolink station and Western University, and benefits from a Federal Opportunity Zone designation, offering significant tax advantages to qualified investors.
This is a rare opportunity to acquire a fully operational, profitable, and turnkey entertainment business with an established customer base and brand recognition. All furniture, fixtures, and equipment (FF&E) are included in the sale, as is a valuable Type 47 liquor license, allowing for the operation of up to five bars.
Location Description
197 E 2nd Street sits at the epicenter of the Pomona Arts Colony, one of the Inland Empire’s most established and high-traffic cultural districts. The area seamlessly blends arts, commerce, education, and urban living, creating a built-in audience for entertainment and experiential uses.
The location benefits from consistent foot traffic driven by the iconic Second Saturday Art Walk, multiple galleries, the Latino Art Museum, the American Museum of Ceramic Arts, and nearby landmarks including the Fox Theater and the Glass House. Surrounded by antique row, restaurants, cafés, and nightlife, the property is strategically positioned within a vibrant, year-round destination environment.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
17,500 SF
Building Class
C
Year Built/Renovated
1925/2014
Price
$9,816,572 CAD
Price Per SF
$560.95 CAD
Tenancy
Single
Building Height
3 Stories
Slab To Slab
11’
Building FAR
0.70
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
C3, Pomona - Mixed Use, conditional use permit for liquor type 47, entertainment
Parking
22 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
180’ on 2nd St, Locust, 1st St

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Metro/Subway
  • Mezzanine
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning
  • Balcony
Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

U.S. Bank
Bank of America
Chase Bank
Flame Broiler
Juan Pollo
The YMCA
Smart & Final
Cardenas
Stater Bros Markets
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8335-009-015
Land Assessment
$2,079,591 CAD
Improvements Assessment
$4,852,380 CAD
Total Assessment
$6,931,971 CAD
  • Listing ID: 39240041

  • Date on Market: 2026-01-28

  • Last Updated:

  • Address: 197 E 2nd St, Pomona, CA 91766

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