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Mixed-Use Investment Opportunity

2 Retail Properties Offered at $6,612,300 CAD in Pomona, CA

Investment Highlights

  • Retail Cannabis Use Approved

Executive Summary

An opportunity to acquire a 9,571 SF Warehouse & Commercial building and 6,163 SF of Retail & Multifamily in (9) units generating a combined $16,095/monthly income on 1.1 Acres. The 2 properties are located in highest trafficked corridor of Pomona, accessible by 4 freeways with ±24,000 cars per day. Desirable zoning allows 4 stories, high density Multifamily Retail / Commercial & Cannabis uses.
9 Multi-Family and Retail units (6,163 SF) generating $12,795/month (90% Leased)
9,066 SF class B Industrial / Commercial building and a 500 SF Retail building (20% Leased)

Property Facts

Price $6,612,300 CAD
Price / SF $420.26 CAD / SF
Cap Rate 4.15%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 15,734 SF
Total Land Area 1.59 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1470-1472 W Holt Ave, Pomona, CA 91768 Retail 9,571 SF 1955 -
1474-1484 W Holt Ave, Pomona, CA 91768 Retail 6,163 SF 1951 -
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  • Listing ID: 33613543

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: Mixed-Use Investment Opportunity, Pomona, CA

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