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8660 N Central Avenue A-E, Montclair, CA 91763

Commercial property

8660 N Central Avenue A-E, Montclair, CA 91763 Sold October 2024 CRMLS
$2,750,000Sold October 2024

Listing Agent: GURJEET BHATIA (DRE #01895064) · Listing Office: Acreage Real Estate · Contact: 909-606-1505 · Bought with: ROBERT SANCHEZ · eHomes · MLS #IV24195546 · Source: CRMLS

8,779
Building Sq Ft
6
Units
5.40%
Cap Rate
$138,316
NOI
33,106 sqft
Lot Size
2008
Year Built
North Montclair Downtown
Zoning
Commercial property
Type

About this commercial property

Imagine owning a stable, well-maintained investment property in the heart of Montclair's thriving commercial district. Located at 8660 Central Avenue, this retail center is home to three strong, long-term tenants, ensuring consistent and reliable cash flow. The property’s prime location offers high visibility along a busy Central Avenue, with easy access to the I-10 freeway, attracting a wide range of local residents and commuters alike. The center has been impeccably maintained, reducing future maintenance costs and providing peace of mind for the long term. With a solid tenant base and a location in a growing commercial hub, this is the perfect opportunity for any investor looking to secure a dependable, hassle-free investment with growth potential. Energy Efficient - Solar panel system owned by Seller. Convenient Access to Major Freeways: located near the I-10 freeway providing easy access to and from nearby cities, attracting a wider tenant base. Thriving Commercial Hub: situated in a dynamic commercial area near popular destinations like Montclair Place, ensuring a consistent flow of shoppers and opportunities for cross-business traffic ideal for attracting future tenants. High Visibility and Traffic: Central Avenue is highly travelled connecting the city of Montclair to Upland providing wide exposure to passing vehicles and pedestrians. And situated adjacent to the historical Pacific Electric Trail commonly used by biking enthusiasts. Financial information available upon request.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$2,750,000
Sold October 2024 · listed $2,570,000, on market September 2024 · MLS #IV24195546 · Source: CRMLS
Listing Agent: GURJEET BHATIA · Listing Office: Acreage Real Estate · Contact: 909-606-1505 · Bought with: ROBERT SANCHEZ · eHomes
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