Old Town Newhall Free Standing 22505 8th St Local commercial 296 m² 100 % Loué À vendre Santa Clarita, CA 91321 1 054 627 € (3 567,54 €/m²) Taux de capitalisation 7,86 %

RE/MAX of Santa Clarita – The Alonso Real Estate Group, is proud to present 22505-22511 Eight St, Newhall, CA, 91321. A freestanding commercial building currently 100% Leased by Gloria’s Salon and, Eight & Rail Pub as the anchor Tenant with a long term Lease. Value-Add Property, the Salon Tenant under-market rental rates and the Lease is set to expire in June 2026 with no options to extend. The Buyer(s) can occupy as Owner-User (replacing the Salon) or Passive Investment with up to 3 potential Tenants yielding a ProForma 7.86% CAP rate. Grab a bar stool and a cold one, we’re taking you back to the Wild-Wild-West! As seen on TV in popular shows such as “Beverly Hills 90210” – “911 LA” - and “Chicago Fire.” Eighth and Rail Pub, is said to have the longest running liquor license, it has been around since the 1800’s when it was Derek’s Saloon during the Gold Rush days. Derek's Saloon” refers to a historic establishment in Old Town Newhall, California, at the corner of Railroad Avenue and Eighth Street, originally established during the Gold Rush days, known for serving the Pico Canyon oil drillers and having a long history as a local watering hole.
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“In January and February of 1878, the town of Newhall moved from the junction of modern-day Bouquet Canyon Road and Magic Mountain Parkway, where it started in 1876, to the corner of Railroad Avenue and Eighth Street. Sporting the blank frontage at left is Mike Powell's Palace Saloon. In the center is George Campton's general store, which was originally established at Bouquet Junction in 1876 and housed the Newhall Post Office. At right is the Derrick Saloon, a favorite of the Pico Canyon oil drillers (Mentryville was a "dry" town). Barely visible next to (behind) the Derrick is a "Billiard and Pool Room" which advertised "soft drinks, cigars and tobacco" on its storefront sign. In the distance is the spire of the first Newhall School, built about 1879. It burned down in 1890.” (References/credit: https://scvhistory.com/scvhistory/ap0607.htm).
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Coming back to the present, the property has been improved throughout the years, most recent notable improvements include (but not limited to): 2025: resurfaced the roof with a ten 10 year warranty silicon spray foam UV protection helps insulate and seal the roof. 2024: installed new sound system. 2023: whole building copper re-pipe, from the meter throughout the building. Replaced the HVAC inside the Salon. 2015: repaved the parking lot. 2013: main electrical panel upgraded, Bar side only. 2010: replaced the main sewer line from street to building. Insulated all the interior walls.