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Listed by Lina Chu • Re/Max Premier Realty
$ 2,200,000
Est. payment /mo
Price Dropped by $700K
360 North Central Avenue Upland, CA 91786
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25015192
Year Built 1924
Property Sub-Type Mixed Use
Property Description
Exceptional Investment Opportunity! The Sale price including the sale of the building and the related business currently operating at the premises. The sale includes all equipment with the exception of smog shop equipment. Unlock limitless potential with this rare investment opportunity in the thriving heart of Upland's business district on Central Avenue. This versatile property is designed for growth, offering outstanding visibility and access in a high-traffic area. Approximately 32,000 cars pass by everyday. Property Highlights: o Multi-Use Facility: Includes three small offices, an auto mechanic shop, a tire shop( in process of set up) and a leased premises smog shop. o Flexible Office Space: The Den can be converted into employee quarters--ideal for incentivizing and retaining staff. o Strategic Location: Situated in Upland's vibrant business corridor near major retailers such as Target, Walmart, AutoZone, McDonald's, JCPenney, and Macy's. o Excellent Cash Flow: Current operations provide strong income with the potential to increase cash flow by 200%. o High Visibility: Prime street frontage in a busy commercial area, perfect for attracting customers and driving business growth. Property Details: o Sale Type: Investment / Owner-Operator Opportunity o Property Type: Multi-Purpose Commercial Use o Building Size: 1,188 sq. ft. (business) + 1,100 sq. ft. additional space o Building Height: 1 story with a den o Lot Size: 0.25 acres o Zoning: R3 Commercial o Tenancy: Multiple o Price: $2,200,000 Why Invest Here? o Diverse Income Streams: Multiple businesses operating on-site with room to expand services. o Growth Potential: Ample opportunity to scale operations and maximize profitability. o Prime Location: Central to major commercial hubs and retail giants. o Versatility: Ideal for investors, owner-operators, or entrepreneurs seeking a dynamic space. . The business has a Net income of $250,000 annually.
Location
State CA
County San Bernardino
Area 690 - Upland
Interior
Heating Central
Cooling Central Air
Laundry None
Building
Lot Description 0-1 Unit/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944