254-260 E Rowland St - Freestanding FOR SALE


Covina, CA 91723- Downtown Covina
$1,795,000 USD
626-437-1141
254-260 E Rowland St, Covina, CA for Sale
$1,795,000 USD
Freestanding - FOR SALE
1/3
null | 5.47% Cap Rate

254-260 E Rowland St
Covina, CA 91723
Downtown Covina


HIGHLIGHTS

  • 4 tenants exist, Pet Store, Lou's Glass, Docs Vacuum and Sewing, Beauty, Message Servs with parking in the rear. Two blocks from Old Town area
  • Great shopping in the old town area with lots of stores, restaurants and shopping. Four Parcels exist. add onto the APN 021-022-023.

OVERVIEW

Coldwell Banker Commercial Real Estate is pleased to seize the opportunity to market this first time on market, investment property. The site features 4 retail/office users on Rowland Street in Covina, just two blocks from the the Old Town area shopping district. For those who like accessibility, the (10) freeway system is just 1/2 mile, south from the site, The prime location is surrounded by residential and commercial neighborhoods ensuring excellent proximity to the neighboring businesses. Built in 1958 with a 6,676 sq.ft structure and a 14,300 approx sq. ft. lot size, whereby, the rear parking is very generous and accessible via the side street for Tenancy and clients, with a 100% occupancy rate. This site is very stable with a strong well maintained roof, plumbing and the HVAC units, all are in good stable condition. Plus 4 parcels exist, 3 prcls in rear 1 prcl in front.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rowland St. Covina, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C3AY, Covina

APN/PARCEL ID

8451-003-019

ASK ABOUT THIS PROPERTY

John FaireColdwell Banker Commercial RealtyMore Info
626-437-1141

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John FaireColdwell Banker Commercial RealtyMore Info
626-437-1141

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