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1725 N Garvey Ave 2,696 SF Retail Building Pomona, CA 91767 $4,300,000 ($1,594.96/SF)
Investment Highlights
- restaurant drive thru
- flex space doughnuts, coffee, hamburg/hot dog
- high traffic location
Executive Summary
FREESTANDING building located on a prime corner lot across from Pomona Valley Hospital, just North of the 10 Frwy. Terrific traffic exposure. Re-built in 1994. Building size is @ 2,696 sq ft with high ceilings, and its corner lot size is 18,914 sq ft with drive-thru services and 25 parking spaces, including a handicap ramp. Currently used as a fast food restaurant/donut shop and can be converted into anything you want: Coffee shop, fast food franchise, pizza, pharmacy, etc.! Terrific curb appeal, large dining area, showcase food services. 64 quart Dough mixer, two 5-ton air conditioners, approximately 20ft hood with smoke blower and fire system, One 10ft hood one smoke blower and fire system, donut fryer, multiple grills, 121 sq ft walk-in refrigerator, 60 sq ft walk in freezer. LOCATION! LOCATION! LOCATION! Owner occupied and can deliver vacant. SALES PRICE MUST INCLUDE THE PURCHASE OF OWNERS' BUSINESS OPPORTUNITY OF $600,000. THEREFORE, FINAL SALES PRICE WOULD BE $4,900,000.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,696 SF
Building Class
C
Year Built
1995
Price
$4,300,000
Price Per SF
$1,594.96
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.43 AC
Zoning
POC4* - Commercial
Parking
25 Spaces (9.27 Spaces per 1,000 SF Leased)
Frontage
107’ on N Garvey Ave
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Golden Wok
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Golden Wok | Retailer | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8359-014-019 | Improvements Assessment | $497,247 |
| Land Assessment | $271,220 | Total Assessment | $768,467 |
Property Taxes
Parcel Number
8359-014-019
Land Assessment
$271,220
Improvements Assessment
$497,247
Total Assessment
$768,467
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1725 N Garvey Ave
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