197 E 2nd Street Pomona, CA ^$ 6,950,000

197 E 2nd Street

^$ 6,950,000

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Recently Listed

197 E 2nd Street

Pomona, CA, 91766

^$ 6,950,000

Bedrooms-- Baths-- Sq 17,300

Monthly Estimate*

^$ 43,883

Listed by Exp Commercial of California, Inc.

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Commercial Property for sale in Pomona, CA

for $6,950,000. This 17,300 square foot building was built in 1932 on a lot size of 0.0963.

Four-level, 17,300 SF entertainment and hospitality venue in Downtown Pomona, offered as a combined sale of the real property and the operating business. Built in 1932 with over $1M in recent capital improvements across all four floors. The building houses four established concepts: a fourth-floor concert and event venue, a third-floor caf, a street-level restaurant and bar, and a lower-level mariscos speakeasy. An active Type 47 liquor license transfers with the sale, along with all furniture, fixtures, and equipment. The operation is growing, with net sales up 29.5%, guest count up 22%, and private events up 62.5% year over year. Priced at $6,950,000 with seller financing available: $3.5M carry at 5%, interest only, five-year term. Located in a Federal Opportunity Zone in the Downtown Pomona Arts Colony, steps from the Metrolink station. SBA eligible. Buyer to verify all information.

Commercial Active

Price

^$ 6,950,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.0963

Year Built

1932

Town/City

Pomona

County/Region

Los Angeles

MLS | Web ID

26865211

Days on Market

Features

General

Zoning POC3*

HOA Fee 0

Security Features Smoke Detector(s)

Year Built 1932

Electric Heavy

Building Name The Cosmo

County Los Angeles

Property Type Commercial Sale

Building Features Elevator(s) Phone System TV System

Special Listing Conditions Standard

Status Active

Buyer Financing Seller Financing

Directions 10 Fwy exit Garey Ave south left on 2nd St. Property on north side east of Garey. Cross streets: Garey Ave & 2nd St.

City Pomona

MLS Area 687 - Pomona

Lot Size Units Square Feet

Lot Size Square Feet 4195

Listing Terms Trust Deed

Standard Status Active

Interior

Total Stories 4

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Total Parking 0

Lot Size Area 4195

Number of Buildings 1

Building Area Total 17300

Lot Size Acres 0.0963

* Excluded Features

List By

Exp Commercial Of California, Inc.

Broker

Karl.markarian@expcommercial.com

Affordability Calculator

$43,883

Per Month

Monthly Principal & Interest: $43,883
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pomona, CA

Average List Price ^$2,252,715

Percent of Sale Price 68%

About Pomona, CA

154,854 Population

3% Since 2002

^$52,342 Median Income

32.69 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2026	$6,950,000		Listed Price

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197 E 2nd Street, Pomona, CA, 91766 is a Commercial Property for sale at $6,950,000 with 17,300 sqft and a lot size of 0.0963. 197 E 2nd Street was built in 1932. The property's zip code is 91766 which is in Pomona, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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197 E 2nd Street

Commercial Property for sale in Pomona, CA

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