240 244 S Garey Avenue, Pomona CA, 91766
(Active)
$2,500,000
|
8,242 sqft
|
MLS# CV23030763
Last Updated: 5/8/2024 1:04 AM
Description for
240 244 S Garey Avenue
Pomona, CA 91766
240-244 S Garey Ave in a prime location in the heart of Pomona! The property is in the opportunity zone- Approx 8,242 SF. commercial use. The building is located within walking distance of 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 has 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. The second floor is in turnkey condition with access on the West and East side of the building with men's and women's restrooms. Please see the attached Performa if the 2nd floor is used as a banquet facility.
Price
$2,500,000
Los Angeles
8,242 (approx)
CV23030763
Active
Description
240-244 S Garey Ave in a prime location in the heart of Pomona! The property is in the opportunity zone- Approx 8,242 SF. commercial use. The building is located within walking distance of 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 has 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. The second floor is in turnkey condition with access on the West and East side of the building with men's and women's restrooms. Please see the attached Performa if the 2nd floor is used as a banquet facility.
Listing Information
| Property Type: Business Opportunities, 2 Story | ||
| 0.12 Acres | Assessor | 8,242 (approx) |
| 1893 | 2 | |
Public
Neighborhood
Room Information
None
Exterior / Lot Features
0 Covered Parking Spaces,
0-1 Unit/Acre
Driving Directions
Taking the I-10 East exit Garey Ave, Turn right on N Garey Ave, Property will be on your left side
Financial Considerations
| 8335010003 |
Listing Price History
Pomona Real Estate
Pomona is located in California. Pomona, California 91766 has a population of 157,158.
The median household income in Pomona, California 91766 is $62,610. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Pomona 91766 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 6/6/2023 | Active | $2,500,000 USD -3.85% |
|
| 4/26/2023 | Active | $2,600,000 USD 4.00% |
|
| 4/25/2023 | Active | $2,500,000 USD |
|