Excellent Owner Occupy Opportunity or Investment. Auto Dealership / Auto Repair Buildings. Class C, Retail, Auto dealership/Auto Repair Property with Improvements located in the Airport Area Submarket. Close to I-210 FWY, I-10 FWY, I-15 FWY and I-215 FWY. Near Metro Link, SB Amtrak and Ontario International Airport. Excellent Location. Foothill Traffic Counts 32,426 as of 2022 per CoStar TrafficMetrix. Rentable Buildings of 13,426 SF on a site lot totaling 58,370 SF or 1.34 Acres. Located in Prime North Fontana Commercial Strip on Foothill Blvd. Currently 61% Owner-occupied and 39% Tenant-occupied with mo/mo tenancy and has an analyzed occupancy of 100% which is above the stabilized occupancy level estimate of 95%.
Property boast ample Auto Sales Lot, Open Sales Showroom, Plenty of Office Space, Multiple Repair Buildings and Multiple Repair Bays equipped for an array of repair services including 6 hydraulic car lifts and bays for Suspension and Alignment. The Property has received new paint, new flooring and a new block wall in the back parking lot under current owner. Estimated improvement are $60,000 per owner. Property has a CUP (Conditional Use Permit) (#96-003) in place. CUP is transferable in event of sale (Buyer to verify with City) Therefore, the property represents a legal nonconforming use of the site,as improved. Inland Empire is trending favorably in Consumer Spending due to above-average job and population growth over the past three years. Source:CoStar Inland Empire Retail Market Report, 9/12/2023
- Listing Status: Active
- Listing Agent: Fernando Reza
(lic# 01451616)
of Citrus Valley
- Listing Office: KELLER WILLIAMS COVINA
(lic# 01970316)
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Based on information from CRISNet MLS as of 3rd May 2024 at 1:35pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
