1450 W 9th ST Active Save Request In-Person Tour Request Virtual Tour
Upland,CA 91786
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24183906
HOA Y/N No
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
Area 690 - Upland
Zoning B/R-MU
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Composition
Present Use Commercial
Total Parking Spaces 79
Building
Lot Description 2-5 Units/Acre
Story 2
Water Public
Others
Tax ID 1007601160000
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard