Property listed by Real Brokerage Technologies, Carlos Ascencio 916-848-7554
604 S Garey
Pomona, CA 91766
Square Ft.
5,633
$1,580,000
**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… Read More 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. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Retail
Square Ft.
5,633
Lot Size
0.25 Acres
Year Built
1962
MLS Number
PW26238042
Additional Details
Building
Built in 1962, 1 storey, Entry level: 1
Expenses
Insurance: $5,400, Trash: $2,140, Other Expense: $2,400
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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