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For SaleLuxury

$5,500,000

47,825 sqft$115/sqft22 days on market

281 E Workman ST

Covina, CA 91723

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

47,825

Square feet

1962

Built

Listing narrative

Description

Century 21 Commercial, Citrus Realty is pleased to present, The Eastland Professional Building! A rare opportunity featuring 2 freestanding office buildings with 10,392SF+- each, totaling 20784SF+-. Located at 271 & 281 E. Workman Avenue in Covina. Situated on a huge lot of 1.1 acres (47,824)SF+- offering 71 parking spaces. The Building is located across the street from Eastland Shopping center offering excellent exposure from the shopping center. The property's proximity to the Eastland Shopping Center and surrounding area offers major convenience to Banks, retail, shopping and dining outlets like Target, Dick's Sporting Goods, Starbucks, IKEA, Sprouts Farmers Market, Fogo de Chao and many more. Currently generating $31,396+- in monthly income, this income-producing multi tenant commercial property offers low vacancy and investors an opportunity to acquire an established office asset. The building is located only 0.3 of a mile from the 10 freeway between the Barranca and Citrus offramps. The location offers potential appeal to a variety of professional office users and businesses seeking a presence in this well-established market. This is an opportunity to own a substantial commercial muti tenant office property with existing income, paid for Solar and long-term investment potential. Buyer to verify all property information, income, expenses, square footage, lot lines, zoning, and permitted uses to their satisfaction.

Listing agent (MLS): Albert Rodriguez · Listing brokerage (MLS): CENTURY 21 CITRUS REALTY INC

Property Details

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Price

$5,500,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Office

Home Size

47,825 sqft

Baths

Baths n/a

Lot Size

1.10 acres

Year

1962

Status

For Sale

Days on Market

22

$ / Sqft

$115

· 8% down, 7% APR, 30yr fixed
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Courtesy of CENTURY 21 CITRUS REALTY INC