Commercial: MLS #0026988709 San Bernardino, CA $ 5,999,000
Commercial: MLS #0026988709
$ 5,999,000
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Commercial: MLS #0026988709

San Bernardino, CA, 92408
$ 5,999,000
Bedrooms-- Baths--

Monthly Estimate*

$ 37,878

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Commercial Property for sale in San Bernardino, CA

for $5,999,000. This building was built in 1986.

Freeway-visible, newly remodeled Ojos Locosanchored restaurant asset in San Bernardino's top diningMarketing descriptionA premier freeway-visible restaurant building is available for sale at 390 E Hospitality Lane in San Bernardino, anchored by a long-term lease to Ojos Locos Sports Cantina, which has invested over $1,300,000 refurbishing and rebranding the property as a high-energy Latin sports bar and restaurant destination. This fully modernized, single-tenant asset combines strong traffic counts, extensive capital upgrades, and excellent regional access, making it a compelling, stabilized investment opportunity in the heart of the Inland Empire's primary hospitality corridor.Property and tenancy overviewThe building totals approximately 10,171 square feet and is configured as a full-service restaurant with expansive dining areas, bar, commercial kitchen, and indooroutdoor flow supporting nearly 300 guests between interior seating and the patio. Ojos Locos operates the premises under a long-term triple-net structure, delivering a passive income profile with the tenant responsible for maintenance, repairs, taxes, insurance, and utilities.Location and accessPositioned just off the Interstate 10 on- and off-ramps, the property offers exceptional visibility to heavy freeway traffic, plus strong counts along E Hospitality Lane and S Waterman Avenue. The site is surrounded by hotels, national retailers, and restaurant concepts that draw local residents, office workers, and freeway travelers, reinforcing the corridor as San Bernardino's dominant dining and retail destination.Recent refurbishment and upgradesOjos Locos has completed a comprehensive remodel of the former restaurant space, investing more than $1 million into interior finishes, branding, bar and audio-visual buildout, seating, and cosmetic exterior improvements to create a contemporary Latin sports cantina environment. These upgrades complement the existing full commercial kitchen, ADA-compliant access and restrooms, tenant-controlled HVAC, security system, and outdoor patio, significantly reducing near-term capital needs for an investor.Demographics and trade areaWithin a three-mile radius, the property benefits from solid household incomes and a growing residential base, with the broader five-mile ring encompassing a population well into the six figures and projected growth over the coming years. The Hospitality Lane corridor functions as a regional dining, retail, and hotel hub for San Bernardino and surrounding communities, benefiting from both destination traffic and steady demand from nearby employment centers and lodging.Recent permitted upgrades at a cost of over $1,300,000:1000 gal grease interceptor (updated)Handicap restrooms (updated)New sewer line and subfloor drain and sinksNew cook lineNew bar and seating configurationsNew beer coolerNew sound and video systemNew lighting systemNew HVAC unitsNew vulcanized roofingNew Ansul Fire Suppression/Sprinklers & AlarmBlinds, flooring, steel reinforcement, plumbing, counter tops, electrical, and more. Itemized list can be provided.Investment highlightsInvestment highlightsThe offering features a single-tenant, triple-net lease to a growing regional restaurant brand that emphasizes sports-centric, late-night food-and-beverage operations, aligning well with the high-traffic, freeway-adjacent location and surrounding hotel base. Combined with Ojos Locos' substantial recent capital investment in the building and the corridor's strong visibility and access, 390 E Hospitality Lane presents an opportunity to acquire a newly refurbished, branded restaurant asset with durable income and long-term upside in a key Inland Empire trade area.Recent permitted upgrades at a cost of over $1,300,000:1000 gal grease interceptor (updated)Handicap restrooms (updated)New sewer line and subfloor drain and sinksNew cook lineNew bar and seating configurationsNew beer coolerNew sound and video systemNew lighting systemNew HVAC units more

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Commercial Active

Price

$ 5,999,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1986

Town/City

San Bernardino

County/Region

San Bernardino

MLS | Web ID

0026988709

Features
General
Heating Zoned
Roof Mansard Shingle Tar/Gravel Composition Flat
Zoning ERW/
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Fire Sprinkler System
Construction Materials Stucco
Year Built 1986
Electric Heavy
Business Type Food & Beverage
County San Bernardino
Property Type Commercial Sale
Status Active
City San Bernardino
MLS Area 274 - San Bernardino
Standard Status Active
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Sprinkler System Near Public Transit
Water Source Public
Lot Size Area 21344
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* Excluded Features
List By
Michael Earley

Listing Agent

Exp Realty Of California Inc

Broker

michael@earleyschick.com

Email

Affordability Calculator

$37,878
Per Month
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0%
0%
Monthly Principal & Interest
$37,878
Monthly Property Taxes
--
Monthly Home Insurance
--
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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$5,999,000 Listed Price

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