$7,500,000
1450 W 9th Street Upland, CA 91786
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Listed by David Wong • Properviews Real Estate
$7,500,000
Est. payment /mo
22,001 SqFt
UPDATED:
09/06/2024 05:05 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 22,001 sqft
Price per Sqft $340
MLS Listing ID CRPW24183906
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1905
Lot Size 2.082 Acres
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
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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