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NewLuxury

$1,580,000

10,860 sqft$145/sqft3 days on market

604 S Garey AVE

Pomona, CA 91766

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,860

Square feet

1962

Built

Listing narrative

Description

**Investment Highlights** Rare opportunity to acquire a multi-parcel commercial investment in the heart of Downtown Pomona consisting of two separate APNs totaling approximately 18,680 square feet of land area. **APN 8335-025-001** * 7,426 SF multi-tenant retail/commercial building * Five income-producing retail/commercial units * Situated on a 10,858 SF lot * Established in-place rental income * Prime corner location with strong visibility and traffic exposure * Directly across from Pomona City Hall and Chase Bank * Walking distance to Downtown Pomona Arts District, restaurants, entertainment, and transit services Additional Value-Add Opportunity This offering provides investors with the unique combination of $10,400 monthly current cash flow and future development potential **. Also for sale a separate parking lot parcel with its own APN located at 190 E 6th St may offer opportunities for redevelopment under the City's new Midtown Segment zoning framework, which is intended to encourage mixed-use, residential, commercial, and urban infill development. Investors can benefit from existing rental income while evaluating future repositioning opportunities. Location Highlights * Highly visible corner location in Downtown Pomona * High-Traffic commercial corridor * Across from Pomona City Hall * Near Western University of Health Sciences * Minutes from Cal Poly Pomona * Convenient access to Interstate 10, SR-57, SR-71, and SR-60 * Near Metrolink, Amtrak, and Pomona Transit Center * Strong pedestrian and vehicle traffic counts * Located within an area experiencing continued public and private investment Strategically located along S. Garey Avenue in Pomona, this commercial property offers excellent street frontage and prominent visibility within an established commercial corridor. Conveniently situated near Pomona City Hall, the property benefits from its central location and proximity to surrounding businesses, government offices, and local amenities.

Listing agent (MLS): Carlos Ascencio · Listing brokerage (MLS): Real Brokerage Technologies

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,580,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

10,860 sqft

Baths

Baths n/a

Lot Size

0.25 acres

Year

1962

Status

New

Days on Market

3

$ / Sqft

$145

· 8% down, 7% APR, 30yr fixed
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Courtesy of Real Brokerage Technologies