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$1,580,000
Est. payment /mo
10,859 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26238042
HOA Y/N No
Year Built 1962
Lot Size 10,859 Sqft
Property Sub-Type Retail
Property Description
**Investment Highlights**
Rare opportunity to acquire a multi-parcel commercial investment in the heart of Downtown Pomona consisting of two separate APNs totaling approximately 18,680 square feet of land area.
**APN 8335-025-001**
* 7,426 SF multi-tenant retail/commercial building
* Five income-producing retail/commercial units
* Situated on a 10,858 SF lot
* Established in-place rental income
* Prime corner location with strong visibility and traffic exposure
* Directly across from Pomona City Hall and Chase Bank
* Walking distance to Downtown Pomona Arts District, restaurants, entertainment, and transit services
Additional Value-Add Opportunity
This offering provides investors with the unique combination of $10,400 monthly current cash flow and future development potential
**. Also for sale a separate parking lot parcel with its own APN located at 190 E 6th St may offer opportunities for redevelopment under the City's new Midtown Segment zoning framework, which is intended to encourage mixed-use, residential, commercial, and urban infill development. Investors can benefit from existing rental income while evaluating future repositioning opportunities.
Location Highlights
* Highly visible corner location in Downtown Pomona
* High-Traffic commercial corridor
* Across from Pomona City Hall
* Near Western University of Health Sciences
* Minutes from Cal Poly Pomona
* Convenient access to Interstate 10, SR-57, SR-71, and SR-60
* Near Metrolink, Amtrak, and Pomona Transit Center
* Strong pedestrian and vehicle traffic counts
* Located within an area experiencing continued public and private investment
Strategically located along S. Garey Avenue in Pomona, this commercial property offers excellent street frontage and prominent visibility within an established commercial corridor. Conveniently situated near Pomona City Hall, the property benefits from its central location and proximity to surrounding businesses, government offices, and local amenities.
Rare opportunity to acquire a multi-parcel commercial investment in the heart of Downtown Pomona consisting of two separate APNs totaling approximately 18,680 square feet of land area.
**APN 8335-025-001**
* 7,426 SF multi-tenant retail/commercial building
* Five income-producing retail/commercial units
* Situated on a 10,858 SF lot
* Established in-place rental income
* Prime corner location with strong visibility and traffic exposure
* Directly across from Pomona City Hall and Chase Bank
* Walking distance to Downtown Pomona Arts District, restaurants, entertainment, and transit services
Additional Value-Add Opportunity
This offering provides investors with the unique combination of $10,400 monthly current cash flow and future development potential
**. Also for sale a separate parking lot parcel with its own APN located at 190 E 6th St may offer opportunities for redevelopment under the City's new Midtown Segment zoning framework, which is intended to encourage mixed-use, residential, commercial, and urban infill development. Investors can benefit from existing rental income while evaluating future repositioning opportunities.
Location Highlights
* Highly visible corner location in Downtown Pomona
* High-Traffic commercial corridor
* Across from Pomona City Hall
* Near Western University of Health Sciences
* Minutes from Cal Poly Pomona
* Convenient access to Interstate 10, SR-57, SR-71, and SR-60
* Near Metrolink, Amtrak, and Pomona Transit Center
* Strong pedestrian and vehicle traffic counts
* Located within an area experiencing continued public and private investment
Strategically located along S. Garey Avenue in Pomona, this commercial property offers excellent street frontage and prominent visibility within an established commercial corridor. Conveniently situated near Pomona City Hall, the property benefits from its central location and proximity to surrounding businesses, government offices, and local amenities.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 8335025001
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Notice Of Default
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Listed by Carlos Ascencio Real Brokerage Technologies 562-254-8677, DRE #01324790
Nearby School & Business
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