240 244 S Garey Avenue Pomona, CA ^$ 2,500,000

240 244 S Garey Avenue

^$ 2,500,000

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240 244 S Garey Avenue

Pomona, CA, 91766

^$ 2,500,000

Studio Baths0.0 Sq 8,242

Monthly Estimate*

^$ 16,616

Listed by CENTURY 21 CITRUS REALTY INC

240 244 S Garey Avenue, Pomona, CA 91766 - Image 1

Studio

Commercial Property for sale in Pomona, CA

for $2,500,000. This 8,242 square foot building was built in 1893 on a lot size of 0.1151.

240-244 S Garey Ave in a prime location in the heart of Pomona! The property is in the opportunity zone- Approx 8,242 SF. commercial use. The building is located within walking distance of city hall, Western University, Art shops, Retail Shops, antique shops, Lofts, restaurants, lounges, and entertainment! The downtown area has many exciting plans that are approved for entertainment, housing, work, lounges, lofts, and parking to support all. This Building is currently leased to an existing long-time restaurant and bakery tenant and has approximately 2 years left on lease with 2 -5-year options. The building has an additional 3,800 SF of 2nd floor used by the owner as a Dance Studio and currently not being used. The second floor is in turnkey condition with access on the West and East side of the building with men's and women's restrooms. Please see the attached Performa if the 2nd floor is used as a banquet facility.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.1151

Year Built

1893

Town/City

Pomona

County/Region

Los Angeles

MLS | Web ID

CV23030763

Days on Market

411

Features

Exterior

Lot Features Item01UnitAcre

Water Source Public

Lot Size Area 5015.0

Spa N

Building Area Total 8242.0

Street Suffix Avenue

Lot Size Acres 0.1151

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1893

Property SubType Business

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Taking the I-10 East exit Garey Ave Turn right on N Garey Ave Property will be on your left side

City Pomona

View Y/N N

Senior Community Y/N N

MLS Area 687 - Pomona

Lot Size Units SquareFeet

Lot Size Square Feet 5015.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Garey

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 389

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Owner

Property Sub Type Additional Business

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 240

* Excluded Features

List By

Century 21 Citrus Realty Inc

Broker

(909) 592-8500

Phone

Affordability Calculator

$16,616

Per Month

Monthly Principal & Interest: $16,616
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pomona, CA

Average List Price ^$1,841,361

Percent of Sale Price 26%

About Pomona, CA

154,854 Population

3% Since 2002

^$52,342 Median Income

32.69 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$2,500,000		Listed Price

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240 244 S Garey Avenue, Pomona, CA, 91766 is a Commercial Property for sale at $2,500,000 with 8,242 sqft and a lot size of 0.1151. 240 244 S Garey Avenue is a studio with 0.0 baths and was built in 1893. The property's zip code is 91766 which is in Pomona, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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240 244 S Garey Avenue

Commercial Property for sale in Pomona, CA

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