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17050 Foothill Boulevard
Fontana, CA 92335

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Property Details


List Price: $3,225,000
Beds: --
Baths: --
Status: Active
SqFt: 13039
Agency: Keller Williams Covina

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Description/Comments


Lot Size: --
Property Type: Commercial
Year Built: 1960
Notes: Excellent Owner Occupy Opportunity or Investment. Auto Dealership / Auto Repair Buildings. Class C, Retail, Auto dealership/Auto Repair Property with Improvements located in the Airport Area Submarket. Close to I-210 FWY, I-10 FWY, I-15 FWY and I-215 FWY. Near Metro Link, SB Amtrak and Ontario International Airport. Excellent Location. Foothill Traffic Counts 32,426 as of 2022 per CoStar TrafficMetrix. Rentable Buildings of 13,426 SF on a site lot totaling 58,370 SF or 1.34 Acres. Located in Prime North Fontana Commercial Strip on Foothill Blvd. Currently 61% Owner-occupied and 39% Tenant-occupied with mo/mo tenancy and has an analyzed occupancy of 100% which is above the stabilized occupancy level estimate of 95%.<br /> Property boast ample Auto Sales Lot, Open Sales Showroom, Plenty of Office Space, Multiple Repair Buildings and Multiple Repair Bays equipped for an array of repair services including 6 hydraulic car lifts and bays for Suspension and Alignment. The Property has received new paint, new flooring and a new block wall in the back parking lot under current owner. Estimated improvement are $60,000 per owner. Property has a CUP (Conditional Use Permit) (#96-003) in place. CUP is transferable in event of sale (Buyer to verify with City) Therefore, the property represents a legal nonconforming use of the site,as improved. Inland Empire is trending favorably in Consumer Spending due to above-average job and population growth over the past three years. Source:CoStar Inland Empire Retail Market Report, 9/12/2023
MlsNumber: CV23198907


Listing Provided By: Keller Williams Covina, original listing
Name: Keller Williams Covina
Phone: (626) 966-3641
Office Name: KELLER WILLIAMS COVINA
Office Phone: (626) 966-3641
Agent Name: Fernando Reza
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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