$1,205,000
$1,350,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
280 W 3rd Street Pomona, CA 91766
7,556 SqFt
Key Details
Sold Price $1,205,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,556 sqft
Price per Sqft $159
MLS Listing ID CRTR21226943
Sold Date 07/07/22
HOA Y/N No
Year Built 1939
Lot Size 7,799 Sqft
Acres 0.18
Property Description
Prime Location, Corner building. Property is in Opportunity Zone- around 7500 sq.ft - Mix Use. Located in historic downtown Pomona, walking distance to city hall, art shops, retail shops, and Western Medical University. Great opportunity with over 100 plus development in the pipeline for the City of Pomona. Current and future plans include: - ACTIVE PROJECT: Maya Cinemas will build a 12- to 14-screen state-of-the-art theater & parking structure on the NW corner of 3rd and Main St and Directly across from Maya Theaters, being developed. The DDA approved by the city of Pomona on August 6th. ACTIVE PROJECT 2- 2nd/Main Project will be three 5-story structures combining residential, retail, & dining. Housing will include 334 units catering to students, faculty, and the existing academic community. - ACTIVE PROJECT: 5 story parking structure providing over 1,105 parking stalls - Additional projects can be verified with city planning Great time to invest. Maya Theaters are in the final phase of securing New Market Tax Credits. The building is currently set up for a large sit-down restaurant. It can easily be divided into 3 or more separate businesses. Or, tear down and re-develop.
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Other
Fireplace No
Building
New Construction No
Others
Tax ID 8341005019
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Bought with AlvaroVarela