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164 E 2nd St - Pomona Mix-Use Development Opportunity 160 0.16 Acres of Commercial Land Offered at $2,500,000 in Pomona, CA 91766
Investment Highlights
- Prime Pomona Downtown District Location
- Mix-use Redevelopment Opportunity
- Fully Entitled Approved Plan
- Opportunity to Buy Next Door Project Plan
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.16 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | POC3* - Opportunity Zone. Pomona Specific plan welcomes mix-use redevelopment. May be Senior/Assisted Living Possibility. | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.16 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | POC3* - Opportunity Zone. Pomona Specific plan welcomes mix-use redevelopment. May be Senior/Assisted Living Possibility. |
1 Lot Available
Lot 12
| Price | $2,500,000 | Lot Size | 0.16 AC |
| Price Per AC | $15,822,784.81 |
| Price | $2,500,000 |
| Price Per AC | $15,822,784.81 |
| Lot Size | 0.16 AC |
Prime Location at the entrance of Pomona Downtown Antique Row welcomes mix-use redevelopment. Just 2 blocks away from City Hall. Heavy day & night traffics with plenty of parking spaces to the side and the back of the building as designated parkings.
Description
It’s extremely close proximity to Western University of Health and Sciences, neighboring Cal Poly Pomona, and near Pomona Art Schools. Easy access to Pomona station or Downtown Metro-link Pomona station. 160 E 2nd St enhances the appeal to both students and natives to Pomona. Property is currently has a vacant retail store Building consist of 20,700 SF which was formally a Department store, 2 story with basement and mezzanine, Freight Elevator, was built in 1934.
Property Taxes
| Parcel Number | 8335-010-016 | Improvements Assessment | $1,409,742 |
| Land Assessment | $775,098 | Total Assessment | $2,184,840 |
Property Taxes
Contact the Sale Advisor
164 E 2nd St - Pomona Mix-Use Development Opportunity 160