17050 Foothill Boulevard Fontana, CA $ 3,225,000
17050 Foothill Boulevard
$ 3,225,000
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17050 Foothill Boulevard

Fontana, CA, 92335
$ 3,225,000
Baths0.0 Sq 13,039

Monthly Estimate*

$ 22,528

Listed by KELLER WILLIAMS COVINA
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Studio

Commercial Property for sale in Fontana, CA

for $3,225,000. This 13,039 square foot building was built in 1960 on a lot size of 1.34.

Excellent Owner Occupy Opportunity or Investment. Auto Dealership / Auto Repair Buildings. Class C, Retail, Auto dealership/Auto Repair Property with Improvements located in the Airport Area Submarket. Close to I-210 FWY, I-10 FWY, I-15 FWY and I-215 FWY. Near Metro Link, SB Amtrak and Ontario International Airport. Excellent Location. Foothill Traffic Counts 32,426 as of 2022 per CoStar TrafficMetrix. Rentable Buildings of 13,426 SF on a site lot totaling 58,370 SF or 1.34 Acres. Located in Prime North Fontana Commercial Strip on Foothill Blvd. Currently 61% Owner-occupied and 39% Tenant-occupied with mo/mo tenancy and has an analyzed occupancy of 100% which is above the stabilized occupancy level estimate of 95%. Property boast ample Auto Sales Lot, Open Sales Showroom, Plenty of Office Space, Multiple Repair Buildings and Multiple Repair Bays equipped for an array of repair services including 6 hydraulic car lifts and bays for Suspension and Alignment. The Property has received new paint, new flooring and a new block wall in the back parking lot under current owner. Estimated improvement are $60,000 per owner. Property has a CUP (Conditional Use Permit) (#96-003) in place. CUP is transferable in event of sale (Buyer to verify with City) Therefore, the property represents a legal nonconforming use of the site,as improved. Inland Empire is trending favorably in Consumer Spending due to above-average job and population growth over the past three years. Source:CoStar Inland Empire Retail Market Report, 9/12/2023

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Commercial Active

Price

$ 3,225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

1.34

Year Built

1960

Town/City

Fontana

County/Region

San Bernardino

MLS | Web ID

CV23198907

Days on Market

198

Features
General
Zoning Typical Commercial
Year Built 1960
Property SubType Business
County San Bernardino
Net Operating Income 167677.0
Operating Expense 46602.0
Insurance Expense 3357.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions On Foothill between Palmetto and Sierra Blvd
City Fontana
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 264 - Fontana
Lot Size Square Feet 58370.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Foothill
Listing Terms Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 3
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional Business
Cap Rate 6.25
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Exterior
Lot Features LotOver40000Sqft NearPublicTransit StreetLevel
Water Source Public
Lot Size Area 58370.0
Number of Buildings 4
Spa N
Building Area Total 13039.0
Lot Size Acres 1.34
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 17050
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* Excluded Features
List By
Keller Williams Covina

Broker

(626) 388-5518

Phone

Affordability Calculator

$22,528
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,528
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2023$3,225,000 Listed Price

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17050 Foothill Boulevard, Fontana, CA, 92335 is a Commercial Property for sale at $3,225,000 with 13,039 sqft and a lot size of 1.34. 17050 Foothill Boulevard is a studio with 0.0 baths and was built in 1960. The property's zip code is 92335 which is in Fontana, CA