Pomona, CA 91766,1700 S Garey
Pomona, CA 91766,1700 S Garey
Pomona, CA 91766,1700 S Garey
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$1,880,000
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0.46 Acres Lot
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1700 S Garey Pomona, CA 91766

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25249726

HOA Y/N No

Year Built 2007

Lot Size 0.459 Acres

Property Sub-Type Retail

Property Description

100% Vacant Freestanding Commercial on a Hard-Corner, Superb Traffic Volume (25k VPD), Excellent Visibility on Garey Ave and Franklin Ave, Newer built in 2007, Large Lot with Ample Parking, Owner-user or Value-Add, Medical Uses are Allowed. 1700 S Garey Ave, a hard-corner single story retail investment in the heart of Pomona, CA. Strategically located on the corner of Garey Ave and Franklin Ave, this 100% vacant retail property presents a unique opportunity for an owner-user or value-add investor to acquire a newer built retail on a hard corner with excellent visibilities on 2 major streets in Pomona. The property was built in 2007 which translates to newer electrical, plumbing, HVAC, and sewer line (buyer to verify). It sits on a large ±20k SF lot providing ample parking. It has C-S (Commercial Service) zoning allowing a wide range of use for either retail sales or services (could be suitable for medical use – buyer to verify).

This 100% vacant freestanding retail building, constructed in 2007, offers 5,776 square feet of versatile space on an expansive ±20,000 square foot lot. Zoned CS (Commercial Service), it provides flexible zoning for a wide array of retail sales, service-oriented businesses, or potential adaptive uses such as a medical office, making it ideal for customization by an owner-user or investor. The property features an open layout with excellent visibility, display areas, and proximity to major freeways, ensuring seamless operations for high-traffic retail or service ventures. Currently vacant, it presents a blank canvas for immediate occupancy or repositioning, with a proven history as a retail showroom (formerly Warehouse Shoe Sale).

The previous tenant was Warehouse Shoe Sale store that recently moved out. The interior is in shell condition providing excellent flexibility for new owner-users or value-add investors to configure the space for their own specific use. Using the previous rental proforma of $12,500 per month NNN, this asset delivers an attractive 6% Proforma CAP Rate (buyer to verify), positioning it as a high-yield opportunity in a market where retail rents are stabilizing despite broader trends.

Ideal for owner-users seeking an adaptable space—potentially for medical offices or other professional services—or savvy investors aiming to capitalize on Pomona's upward trajectory, the property offers immediate value-add potential through leasing or redevelopment.

Location

State CA

County Los Angeles

Area 687 - Pomona

Zoning CS

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence Chain Link

Community Features Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Flat

Present Use Commercial

Total Parking Spaces 22

Building

Lot Description Landscaped, Level, Near Park, Near Public Transit, Street Level

Story 1

Water Public

Others

Tax ID 8328022025

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Handoko Chen Growth Investment Group Pasade han.chen@growthinvestmentgroup.com

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Irasema Page

Irasema Page

Agent | License ID: 01466994

+1(619) 227-8309

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1700 S Garey