1051 N Citrus Ave - Freestanding FOR SALE


Covina, CA 91722- Covina-Valley
$1,750,000 USD
714-785-2557
1051 N Citrus Ave, Covina, CA for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/30
null | 4.01% Cap Rate

1051 N Citrus Ave
Covina, CA 91722
Covina-Valley


HIGHLIGHTS

  • Great Street Frontage with High Visibility
  • Individually Metered for Electricity
  • 20 Open Parking Spaces
  • Near Downtown Covina & Metro Link Station
  • Excellent Unit Mix
  • Low Maintenance

OVERVIEW

Prime Office & Retail Building for Sale – A Premium Investment Opportunity Located in a high-traffic area, this versatile office and retail building offers an exceptional investment opportunity for buyers seeking a dynamic and profitable property. The building spans multiple levels, providing ample space for both retail and office use. Upper floors include modern office spaces with flexible layouts, suitable for single or multi-tenant use. Each office features high ceilings, large windows, and abundant natural light, fostering a productive work environment. On-site parking with 20 spaces available, including dedicated spots for both retail customers and office tenants. Situated in a bustling area with high visibility, the building is easily accessible via major highways and public transportation. The surrounding area boasts high foot traffic, a mix of residential, commercial, and leisure destinations, ensuring constant visibility and business flow. Multi-tenant rental income from both office and retail spaces. Strong demand for retail and office properties in this highly sought-after area with potential for long-term capital appreciation. Whether you’re looking to expand your portfolio or invest in a prime location that offers both retail and office tenants, this property offers everything you need for a successful venture. ***Seller May Carry***

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

4.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C4, CV

APN/PARCEL ID

8421-026-024

ASK ABOUT THIS PROPERTY

Eric EideRE/MAX Masters RealtyMore Info
714-785-2557

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Eric EideRE/MAX Masters RealtyMore Info
714-785-2557

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