$7,775,000
For Sale

1483 W Holt Avenue

Pomona, CA 91768
0.40 acres | #TR24179103
Listing OfficeFurstenberg Realty
Browse 23 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Terrific and well maintained multii-use commercial property located on prime HOLT AVE. with high density traffic and exposure. POSSIBLE ZONING FOR MARIJUANA FACILITY. The TWO BUILDING property (over 5,687 sq ft) offers a FREE STANDING RESTAURANT W/DRIVE THRU (Ginza Bowl), and 4-5 private businesses ranging from a barber shop, insurance agency, beauty salon, and two vacant units used for storage. Lot size is 17,538 sq ft w/ample parking for all businesses/customers. Seller checked with city and this is A PRIME OPPORTUNITY TO ESTABLISH A MEDICAL MARIJUANA DISPENSARY. Unit Statistics: 1495 HOLT Restaurant is @2087 sq ft, pays $4,400/month and lease ends 2028. 1485 HOLT Barber Shop is @ 1200 sqft, pays $1,600/month and lease ends Feb 2025, 1481 HOLT Insurance Company is @600 sq ft, pays $900/month, and is month-to-month, 1483 HOLT Beauty Salon is @600 sq ft, pays $850/month and is month-to-month. 1489-1491 HOLT are two Vacant units totalling 1,200 sq ft currently used as storage by owner. Owner Monthly Expenes: $213 Insurance, $150 water/sewer, $200 electricity for commons areas and parking lot, $200 Gardener. SELLER RECENT IMPROVEMENTS: Newer elastomeric roof coating for both buildings, new two unit Carrier a/c for 1200 sq ft barber shop, new water heater for restaurant, new LED Solar parking lot lighting, and new exterior paint thru out. FIXED ASSETS OF RESTAURANT: walk-in refrigerator walk-in freezer, grill, deep fryer, char broiler, state of the art hood/exhaust fan, globe meat and vegetable slicing machine, and Ice machine *******Offer subject to interior inspection. Please do not disturb tenants. Offer subject to interior inspection.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$7,775,000
      • MLS #TR24179103
      • MLS #TR24179103
      • Property TypePurchase
      • Cost7775000
      • Acres0.4027
      • Utility SourcePublic
      • Property SubtypeRetail
      • Year Built1988
      • Stories1

Location

Augie MendozaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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