Listed by Lee & Associates - Ontario
$1,850,000
123-129 N Glendora Ave
Details
Property Type Retail
Sub Type Storefront, Commercial
Square Footage 4,066
Units 4
Cap Rate 4.70%
Price per SqFt $455
Lot Size (SqFt) 9,650
Parking Spaces 13 spaces
Parking Per SqFt 3.20
Investment Type Owner/User
Retail | 4.70% CAP | 4,066 SqFt
Investment highlights
- ±4,066 SF Building with 4 Units Ideal for Investor or Owner/User
- Short-term Under Market Leases
- Ideally Located Near Local Amenities, Contributing to a Dynamic and Vibrant Atmosphere
- 12-13 On-site Parking Spaces & Free City Parking Directly Adjacent to the Property
- 2 New HVAC Units (2016 & 2024)
- Annual Income: $114,420
- Suite 123 $6,000
- Suite 127 $1,824
- Suite 129 $1,711
- $9,535 per month
- Estimated Expenses (provided by Seller):
- Property Taxes (estimated at 1.24%): $23,000
- Insurance (estimated): $3,000
- Water 127 & 129 N. Glendora Ave. (estimated): $1,700
- Total Expenses: $27,700
- Net Income: $86,720
Listing Contacts
Listed by Lee & Associates - Ontario
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