1450-1470 W 9th St - Loft/Creative Space FOR SALE


Upland, CA 91786
$7,500,000 USD
949-400-2189
1450-1470 W 9th St, Upland, CA for Sale
$7,500,000 USD
Loft/Creative Space - FOR SALE
1/11
null | Request Cap Rate

1450-1470 W 9th St
Upland, CA 91786


OVERVIEW

Offered for sale is a unique opportunity of fee simple ownership interest in the Home Place Business Park; five separate buildings of multi-tenant office, business/residential, and industrial property. The current owner is final stages of recording a Parcel Map and Tentative Tract Map (business condo units). Parcel 1 is made up of four buildings with 10 condo units. Parcel 2 will be delivered vacant with the current 4,062 sqft structure for immediate use or future development (not included in the Parcel 1 Association). This is an incredible opportunity for the new owner to take possession and sell individual units on Parcel 1 and generate a quick return on their investment. Alternatively, the new owner can continue to manage and collect rental income with the existing tenant base. Parcel 2 offers a unique development opportunity on an approximately 25,000 sqft lot; mixed-use, residential, or business.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$341 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

B/R-MU

APN/PARCEL ID

1007-601-16

ASK ABOUT THIS PROPERTY

David WongProperviews Real EstateMore Info
949-400-2189

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

David WongProperviews Real EstateMore Info
949-400-2189

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