retail property for sale 667 w 2nd street · retail property for sale 667 w 2nd street pomona, ca...
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RETAIL PROPERTY FOR SALE
667 W 2ND STREETPOMONA, CA 91766
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
Presented By:
TONY M. GUGLIELMO, [email protected] #01301532
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
OFFERING SUMMARY
Sale Price: $1,450,000
Lot Size: 0.36 Acres
Building Size: 3,790
Zoning: Mixed Use -
Institutional (MU-I)
Market: Inland Empire West
Approx. 3,790 sq. ft. block freestanding building located on a 15,473 sq. ft. Lot in the Downtown Specific Plan of Pomona.Formerly it was an automotive repair shop however the possibilities for this property are endless and it is a primeopportunity for an adaptive re-use redevelopment project. Downtown Pomona is being positioned through the SpecificPlan to attract shoppers and visitors from a variety of Trade Areas. Contact the broker for a tour of the property.
PROPERTY OVERVIEW
Located at the North East Corner of W. 2nd Street & S Rebecca Street in Downtown Pomona. Situated just west of GareyAve & East of White Ave across from Memorial Park.
LOCATION OVERVIEW
PROPERTY HIGHLIGHTS
• Prime Downtown Pomona Location - Arts Colony
• Centrally located near many college campuses.
• Zoned Mixed Use - Institutional (MU-I)
• Centrally located near major freeways with ability to draw from a larger market.
667 W 2ND STREET // Pomona, CA 91766
EXECUTIVE SUMMARY
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
667 W 2ND STREET // Pomona, CA 91766
AERIAL PHOTO
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
667 W 2ND STREET // Pomona, CA 91766
ADDITIONAL PHOTOS
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
WHAT IS MIXED USE - INSTITUTIONAL (MU-I)Mixed Use is intended to serve as the major governmental, educational and office spine for the Downtown while still incorporating mixed-use developments withresidential and retail uses.Institutional uses envisioned for this area include support uses for the adjacent civic center with office and services such asprofessional offices, notaries,copy centers, legal counsel, etc.
The MU-I zone is also intended to allow for higher education development and, in particular, for Western University campus expansion including classrooms andadministrative offices, dormitories, other student/faculty housing, ancillary retail/service and office uses, such as a college bookstore, educational materials andsupply store, tutorial services, etc. In general, single-user office buildings, and multi-tenant office buildings are encouraged in this zone with the intent ofproviding economic and employment base opportunities. Retail uses are strongly encouraged along Mission Boulevard.
It is projected that office and related service/support uses and ancillary development could locate in proximity to the MU-CBD zone and, thus, complement theentertainment commercial development within the “core” area as employees of MU-I zone patronize the entertainment and associated retail uses provided.
667 W 2ND STREET // Pomona, CA 91766
MIXED USE - INSTITUTIONAL INFO
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
667 W 2ND STREET // Pomona, CA 91766
LOCATION MAPS
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value ofthis transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
TONY M. GUGLIELMO, [email protected] #01301532
3100 E. Cedar Street, Suite 7 // Ontario, CA 91761 // 909.786.4300 // alliedcommercialrealestate.com
POPULATION 1 MILE 3 MILES 5 MILES
Total population 33,720 182,820 386,072
Median age 26.1 29.7 32.7
Median age (Male) 26.1 29.1 31.6
Median age (Female) 26.1 30.3 33.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 8,186 47,314 108,699
# of persons per HH 4.1 3.9 3.6
Average HH income $44,226 $63,417 $75,125
Average house value $320,555 $371,147 $443,560
* Demographic data derived from 2010 US Census
667 W 2ND STREET // Pomona, CA 91766
DEMOGRAPHICS MAP & REPORT