200-222 W Holt Ave - Storefront FOR SALE


Pomona, CA 91768
$1,490,000 USD
714-222-7100
200-222 W Holt Ave, Pomona, CA for Sale
$1,490,000 USD
Storefront - FOR SALE
1/22
null | 5.32% Cap Rate

200-222 W Holt Ave
Pomona, CA 91768


HIGHLIGHTS

  • Walking Score of 92/100
  • Near Downtown Art & Antique Districts
  • Near Restaurants, bars, bookstores and shops
  • Near the Glass House Concert Venue
  • Over 200 public parking spaces across the street
  • 2 units have 2nd floors and other units have potential to be concerted as well

OVERVIEW

TNG Real Estate is pleased to offer a premier retail investment opportunity in the bustling heart of downtown Pomona, Los Angeles County, California. This exquisite property encompasses approximately 7,054 square feet, featuring eight fully leased units within a charming retail strip, all nestled on a substantial 0.22-acre corner lot. Currently two units have 2nd floors and the rest of the units may potentially be converted to have 2nd floors. Strategically located at the intersection of West Holt Avenue and North Main Street, this property boasts a prime position surrounded by an array of dining establishments, chic bars and lounges, cozy coffee shops, convenient banking services, auto repair shops, as well as residential apartments and churches. The location's exceptional visibility is further enhanced by a daily combined traffic flow of over 32,000 vehicles, ensuring constant exposure. In addition to its advantageous site, the property offers stellar frontage with eye-catching vertical signage, making it a highly visible and attractive location for businesses. It lies just a half-mile from the I-10 freeway, which sees more than 240,000 vehicles daily, amplifying its accessibility and exposure. The demographic makeup within a three-mile radius is robust, with over 185,546 residents and an average household income of $55,409. Rated as a Walker’s Paradise with a Walk Score of 92/100, it is just a five-minute walk to the Metrolink Pomona Station, making it an ideal spot for both pedestrian and commuter traffic. This well-maintained property not only benefits from 100% occupancy but also features thoughtful zoning under POC4 (Downtown Specific Plan Area). Ample parking is available, including four private spaces behind the building and over 200 public parking spaces directly across the street. This rare acquisition opportunity offers significant growth potential in a thriving and dynamic part of Los Angeles County, making it a highly desirable investment for discerning buyers seeking to capitalize on Pomona's continued development and prosperity. Exceptional Location in Downtown Pomona: Positioned in the heart of Pomona's Specific Plan Area, this property sits at the epicenter of the city's vibrant downtown. It benefits from being part of an area earmarked for strategic urban development and revitalization. Walker’s Paradise with Excellent Connectivity: Boasts an impressive Walk Score of 92, highlighting its accessibility and pedestrian-friendly environment. Located just a short stroll from the bustling Metrolink Pomona Station, it ensures easy commuting and connectivity to the broader Los Angeles area Robust Local Demographics: Encompasses a thriving community with a population of 185,546 within a three-mile radius and 397,598 within five miles, promising a substantial customer base and a dynamic market for businesses Abundant Parking Options: Offers a rare abundance of parking solutions, featuring private rear parking, ample street parking, and access to over 200 public parking spaces across the street. This blend of parking facilities enhances convenience for both tenants and visitors alike. For information Please contact Vincent Cervera at (323) 533-1430

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C4, Pomona

APN/PARCEL ID

8336-023-009

ASK ABOUT THIS PROPERTY

Carlos BarronTNG Real Estate ConsultantsMore Info
714-222-7100

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Carlos BarronTNG Real Estate ConsultantsMore Info
714-222-7100

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