390 E Hospitality Ln , San Bernardino, CA 92408
$5,999,000
Est. Payment: $31,774.64/mo
0 Bed
0 Bath
9685 Sqft
Status: Active | Days on site: 285
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CLW-X78984 - CLW-C109699
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House Description

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

Highlights

Listed by Michael Earley , 310-490-3068 eXp Realty of California Inc , 888-584-9427. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.49

Year Built

1986

County

San Bernardino

Area

274 - San Bernardino

Listing ID

26988709

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Near Public Transit,Sprinkler System,No Land Lease
Garage Capacity:60
Zoning:ERW/
Roof:Composition,Flat,Mansard,Shingle,Tar/Gravel
Others:
  • Additional:Stucco
Principal Interest
$31,775
Taxes
$3,824

Home Price

$5,999,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,199,800
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Monthly Price:
$31,774.64

Principal

Taxes

Principal Taxes HOA Total
Monthly $31,774.64 $3,824.36 $0.00 $35,599.00
Yearly $381,295.65 $45,892.35 $0.00 $427,188.00
Total $11,438,869.46 $1,376,770.50 $0.00 $12,815,639.96

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (San Bernardino, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T23:07:30.000Z

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