Stardust Roller Skating Center
Transcription
Stardust Roller Skating Center
Philip Makhoul Dane Makhoul (909) 227-2516 (909) 843-7666 philipmakhoul@gmail.com danemakhoul@gmail.com Stardust Roller Skating Center 2167 North Lugo Avenue San Bernardino, CA 92404 -Property Summary- Stardust Roller Skating Center San Bernardino, CA -Confidentiality AgreementThis marketing brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Philip Makhoul has not made any investigation, and makes no warranty or representation, expressed or implied, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or interventions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Philip Makhoul has not verified, and will not verify, any of the information contained herein, nor has Philip Makhoul conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy of completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT PHILIP MAKHOUL FOR MORE DETAILS. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Advertising Broker may not be the listing Broker for advertised properties herein. 2 Stardust Roller Skating Center San Bernardino, CA -Property Description- PROPERTY Philip Makhoul is pleased to present Stardust Skating HIGHLIGHTS ‐20,975 SF building Center for sale. Owner is very motivated to sell, and is on 1.39 acres willing to consider any written offers. This is a classic roller skating rink which has been an ‐ Commercially zoned for a attraction of the Inland Empire since the 1970’s. A 20,975 variety of potential uses SF building, sitting on 1.39 acres and ten separate city lots, which includes parking for approximately 100 vehicles, this ‐Building could easily be converted to church/ property has many potential uses in addition to its unique warehouse/flex space current use as one of the few roller skating rinks left in Southern California. Because of the large clear span open -16’ Clearance height space and high ceiling height, the building is flexible to numerous future potential uses. Some of the possible -Mezzanine office/storage potential uses of this property include: -Religious Facility: Many roller rinks have been converted into religious facilities in recent years, and are excellent choices for religious groups to fulfill particular needs. There is a large mezzanine level corner stage, which could be used as a choir loft. There is also a DJ loft. Building is already equipped with a sound system with Bose speakers, which is included with the sale. 3 Stardust Roller Skating Center San Bernardino, CA -Industrial/Warehouse/Flex: The building is well equipped to support the needs of industrial/warehouse use. Based on the current improvements, the building could easily be converted these uses. The building is already equipped with a multi-level loading dock. The building has ground floor and mezzanine level offices. There is a large three phase panel with many unused breakers (Building was previously used as a grocery store). Electrical includes 240 volt, three phase, 600 amps, three main panels, four sub-panels. Gas is available but turned off at the meter currently. - Office, retail, showroom/warehouse, further development: The property is zoned Commercial General District (CG1) by San Bernardino County. This district is intended to provide for continued use, enhancement, and new development of retail, personal service, entertainment, office and related commercial uses. Situated on 1.39 acres, there is excess land suitable for future development of additional warehouse/retail/office building(s), and/or extension/modification of the existing facility. -Special Purpose: The CG1 zoning allows a variety of commercial uses including: medical facilities (care facilities, blood blanks, health clinics); social services; auto related services; athletic clubs (such as the emerging UFC, MMA, and Crossfit gyms); dance studios; karate schools; gymnastics facilities; roller hockey facilities; private storage facility; etc. Redevelopment for residential: Property sits on ten separate city lots which are adjacent to residentially zoned districts. While rezoning would be required, property sits in an ideal location for the development of single family homes or a multi-family use. -Current use with cosmetic work and minor improvements: There is great potential in maintaining the building as a roller skating rink. This is a classic roller skating rink which has been an attraction of the Inland Empire since the 1970’s, but is in need of a little work to restore the luster it once had. Sale of building includes all equipment, and all rink property (excluding only the owner’s personal property, 4 Stardust Roller Skating Center San Bernardino, CA computers, office documents, etc.). Major rink related property which is included with the sale of the building includes: Sound system with Bose speakers All rental skates (both quads and inlines, plus the skate parts inventory) All tools for skate repairs as well as general maintenance tools All rental lockers (approximately 200) Professional high quality maple Rotunda floor originally costing approximately $500,000. This rink floor is a unique design with curved wood panels so there are no crevices to skate over, and is quite possibly the only rink with this high quality flooring in the state of California. All snack bar equipment owned by the rink, tables, kitchen supplies Cooling: A giant 24 foot ceiling fan, exhaust fans, and air conditioning Arcade games, photo booth, and some snack bar equipment are owned and maintained by outside vendors 5 Stardust Roller Skating Center San Bernardino, CA -Vital Data AnalysisList Price: $900,000 $/Sq. ft (Building): $42.91 $/Sq. ft (Land) $14.86 Sq. ft Structure: 20,975 Acres: 1.39 Lots: 10 Number of Buildings: One Levels: Two (2nd Floor Mezzanine) Clearance Height 16 feet Year Built: 1950 Parking Spaces: ~100 Zoning: Commercial General District (CG1) 6 Stardust Roller Skating Center San Bernardino, CA -Income Property AnalysisBuilding Expenses Expense Gas Electricity Trash Water Maintenance Alarm Licenses (Fire & Alarm) Property Taxes Insurance Other-Janitorial Supplies Total Building Expenses Monthly Amount $ 1,864 190 109 145 37 90 949 663 294 $ 4,339 7 Annual Amount $ 22,363 2,280 1,309 1,740 441 1,074 11,383 7,953 3,526 $ 52,069 Stardust Roller Skating Center San Bernardino, CA Thank you for viewing our listing. Please contact: Philip Makhoul (909) 227-2516 philipmakhoul@gmail.com DRE Lic # 01830593 Video Tours: 1) http://www.youtube.com/watch?v=GClb-YPNyfI 2) http://www.youtube.com/watch?v=fAnJXm7RiUs Or search YouTube, Keywords: 1) Active Lifestyle - Stardust Skate Center Redux 2) ACCESS Rewind Episode #8: Stardust Skating Center (HD) -Additional Photos- 8 Stardust Roller Skating Center San Bernardino, CA 9 Stardust Roller Skating Center San Bernardino, CA 10 Stardust Roller Skating Center San Bernardino, CA 11