197 E 2nd St

For Sale

197 E 2nd St, Pomona, CA 91766

This Pomona property for sale is located at 197 E 2nd St. The general use of 197 E 2nd St is retail and it incorporates 17,300 square feet of class B retail space. The current listed sale price for 197 E 2nd St is $7,250,000. 197 E 2nd St is situated on a lot that is 0.1 acre in size.

Contacts

Karl Markarian

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 17,300 SF
  • Lot Size 0.1 Acre
  • Building Class B
  • Year Built 1932
  • Year Renovated 2014
  • Date Updated Mar 17, 2026
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.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.
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Highlights

  • $1M+ Renovation in 2025: Complete top-to-bottom transformation with high-end finishes and modern infrastructure.
  • Established & Profitable Business: Existing customer base and strong brand recognition provide a solid foundation for continued success.
  • Federal Opportunity Zone: Located within a designated Opportunity Zone, offering significant tax benefits for qualified investors.
  • Four Distinct Entertainment Concepts: Includes a speakeasy, a main restobar with a performance stage, a private event lounge, and a grand event space for 350+ guests.
  • Premier Turnkey Entertainment Venue: Fully renovated 17,500 SF, 4-level entertainment destination in the heart of Downtown Pomona.
  • Prime Arts Colony Location: Situated in a vibrant, high-traffic cultural district with strong foot traffic and proximity to the Metrolink station and Western University.
  • 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.
  • Turnkey Acquisition: Sale includes all furniture, fixtures, and equipment (FF&E) for a seamless transition of ownership.
  • Type 47 Liquor License Included: Allows for the operation of up to five full-service bars, a significant and valuable asset.
  • Versatile Revenue Streams: Multiple distinct venues allow for diverse programming and revenue opportunities, from daily restaurant service to large-scale private events.

Attachments

Getting around

  • 94/100

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  • 53/100

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  • 52/100

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Location

  • City Pomona, CA
  • Neighborhood Downtown Pomona
  • Zip Code 91766
  • Market Los Angeles

Points of Interest

  • Pomona–North

    2.47 miles

  • Claremont

    3.11 miles

  • Ontario

    5.72 miles

  • East Ontario

    9.80 miles

  • Chevron

    1.04 miles

  • Shell

    1.06 miles

  • Arco

    1.94 miles

  • CadFuels

    2.18 miles

  • 76

    2.28 miles

  • Thrifty

    2.34 miles

  • Tesla Supercharger

    3.99 miles

  • eVgo

    5.20 miles

  • ChargePoint

    5.27 miles

  • Ontario Supercharger

    5.71 miles

  • WesternU Parking structure

    0.43 miles

  • Lot H1

    2.99 miles

  • Lot H

    3.02 miles

  • Lot K

    3.05 miles

  • Lot H2

    3.06 miles

  • Lot L

    3.08 miles

  • Lot J

    3.09 miles

  • La Verne Public Parking Lot

    3.15 miles

  • D Street Square Parking

    3.26 miles

  • KFC

    0.22 miles

  • Jack in the Box

    0.28 miles

  • McDonald's

    0.48 miles

  • Church's Chicken

    0.54 miles

  • Domino's

    0.68 miles

  • Pacos Tacos

    1.36 miles

  • Burger King

    1.48 miles

  • Subway

    1.61 miles

  • Pieology Pizzeria

    1.74 miles

  • Corky's Kitchen

    1.74 miles

  • Stater Bros. Markets

    0.73 miles

  • Smart & Final

    1.43 miles

  • Target

    1.65 miles

  • Ross

    1.66 miles

  • Walmart

    2.05 miles

  • Super King

    2.20 miles

  • Walmart Neighborhood Market

    2.21 miles

  • WinCo Foods

    2.31 miles

  • Billy's Egg

    3.28 miles

  • Superior Grocers

    3.30 miles

Contact Listing Broker
Karl Markarian

eXp Commercial

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