$2,750,000
$2,570,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
0.76 Acres Lot
SOLD DATE : 10/31/2024
Key Details
Sold Price $2,750,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24195546
Sold Date 10/31/24
HOA Y/N No
Year Built 2008
Tax Year 2024
Lot Size 0.760 Acres
Property Description
Imagine owning a stable, well-maintained investment property in the heart of Montclair's thriving commercial district. Located at 8660 Central Avenue, this retail center is home to three strong, long-term tenants, ensuring consistent and reliable cash flow. The property’s prime location offers high visibility along a busy Central Avenue, with easy access to the I-10 freeway, attracting a wide range of local residents and commuters alike. The center has been impeccably maintained, reducing future maintenance costs and providing peace of mind for the long term. With a solid tenant base and a location in a growing commercial hub, this is the perfect opportunity for any investor looking to secure a dependable, hassle-free investment with growth potential.
Energy Efficient - Solar panel system owned by Seller.
Convenient Access to Major Freeways: located near the I-10 freeway providing easy access to and from nearby cities, attracting a wider tenant base.
Thriving Commercial Hub: situated in a dynamic commercial area near popular destinations like Montclair Place, ensuring a consistent flow of shoppers and opportunities for cross-business traffic ideal for attracting future tenants.
High Visibility and Traffic: Central Avenue is highly travelled connecting the city of Montclair to Upland providing wide exposure to passing vehicles and pedestrians. And situated adjacent to the historical Pacific Electric Trail commonly used by biking enthusiasts. Financial information available upon request.
Location
State CA
County San Bernardino
Area 685 - Montclair
Zoning North Montclair Downtown
Interior
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Flat
Building
Lot Description Level, Paved, Sprinkler System, Street Level, Walkstreet, Flat
Story 1
Water Public
Others
Tax ID 1007393030000
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with ROBERT SANCHEZ • eHomes
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Broker Associate | Lic# 00870450