878-898 N Garey Ave - Office/Residential FOR SALE


Pomona, CA 91767
$1,055,000 USD
626-841-1864
878-898 N Garey Ave, Pomona, CA for Sale
$1,055,000 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

878-898 N Garey Ave
Pomona, CA 91767


HIGHLIGHTS

  • Mixed-use office building perfect for owner user or investor
  • All leases are month to month
  • Value add with huge upside
  • Ideal for high-density residential redevelopment project

OVERVIEW

Lee & Associates - Pasadena is pleased to present a unique opportunity to acquire a mixed-use office building perfect for an owner user or investor. Located at 878-898 N. Garey Ave., the office building consists of approximately 6,484 SF. The entire property is situated over an approximately .54 Acre (23,806 SF) of land. All leases are month to month making this an Ideal opportunity for an office user looking to occupy all or a portion of the office building. An investor could also renovate the iconic building for a perfect value add play with huge upside. Lastly, this opportunity boasts one of the highest density and height limits Pomona zoning code has to offer, making this an ideal location for a high-density residential redevelopment project.

FOR SALE DETAILS

PRICE

$1,055,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

T5

APN/PARCEL ID

8336-007-007,8336-007-008

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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