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Listed by David Wong • Properviews Real Estate
$ 7,500,000
Est. payment /mo
New
1450 West 9th Street Upland, CA 91786
UPDATED:
09/06/2024 06:52 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-24183906
Year Built 1905
Property Description
Offered for sale is a unique opportunity of fee simple ownership interest in the Home Place Business Park; five separate buildings of multi-tenant office, business/residential, and industrial property. The current owner is final stages of recording a Parcel Map and Tentative Tract Map (business condo units). Parcel 1 is made up of four buildings with 10 condo units with existing tenants. Parcel 2 will be delivered with the current 4,062 sqft structure for immediate use or future development (not included in the Parcel 1 Association). This is an incredible opportunity for the new owner to take possession and sell individual units on Parcel 1 and generate a quick return on their investment. Alternatively, the new owner can continue to manage and collect rental income with the existing tenant base. Parcel 2 offers a unique development opportunity on an approximately 25,000 sqft lot; mixed-use, residential, or business.
Location
State CA
County San Bernardino
Zoning B/R-MU
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Electricity Connected
Building
Lot Description 2-5 Units/Acre