240-244 S Garey Ave - Freestanding FOR SALE


Pomona, CA 91766- Downtown Pomona
$2,500,000 USD
626-255-4854
240-244 S Garey Ave, Pomona, CA for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/2
null | 6.97% Cap Rate

240-244 S Garey Ave
Pomona, CA 91766
Downtown Pomona


OVERVIEW

Century 21 Commercial Division is proud to introduce 240-244 S Garey Ave in a prime location in the heart of Pomona! Property is in opportunity zone- Approx 8,242 SF. commercial use. Building is located walking distance to city hall, Western University, Art shops, Retail Shops, antique shops, Lofts, restaurants, lounges and entertainment! The downtown area has many exciting plans that are approved for entertainment, housing, work, lounges, lofts and parking to support all. This Building is currently leased to an existing long-time restaurant and bakery tenant and have approximately 2 years left on lease with 2 -5-year options. The building has an additional 3,800 SF of 2nd floor used by the owner as a Dance Studio and currently not being used. Second floor is turnkey condition with access on West and East side of building with men's and women's restrooms. Please see attached Performa if 2nd floor is used as a banquet facility.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,978 SF

ZONING

POC3*

APN/PARCEL ID

8335-010-003

ASK ABOUT THIS PROPERTY

Albert RodriguezCentury 21 CommercialMore Info
626-255-4854

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Albert RodriguezCentury 21 CommercialMore Info
626-255-4854

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.