$4,000,000 291 N 2nd Avenue Upland, CA

MLS: PW21254128   Type: Income   County: San Bernardino   City: Upland   Zip: 91786     Stories: 2

Mortgage $18,779 /mo



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OUTSTANDING MIXED-USE- COMMERCIAL BUILDING, IN THE BEAUTIFUL HISTORIC DOWNTOWN UPLAND, LARGE ADJACENT PUBLIC PARKING LOT, CORNER BUILDING WITH EXCELLENT VISIBILITY, SUCCESSFUL BOTTOM FLOOR RETAIL TENANTS. FIRST LEVEL OFFER: Bar and Grill, Subway and Taco Bout. J.D. Allison Grill is an elevated American Cuisine in a friendly captivating ambiance, Rating 4.5 Stars, Subway is an American Fast Food Restaurant Franchise, Rating 3.9 Stars and Taco Bout has originality Mexican Food under Remodeling, Rating 5.0 Stars. SECOND LEBEL OFFERS: 8-Units apartments, 5 consisting in 2 bedrooms 1 bathroom and 3 consisting 1 bedroom and 1 bathroom. Because the location is one of the best in Downtown Upland, the property has always been well occupied in the ground floor retail and the 2nd floor apartment are always in demand. The Old Town District is the historic core and social heart or Upland. This part of Old Town is often the site of public events such as the weekly Farmer's Market and holiday fairs. Tenants paid for Gas and Electricity, seller paid just Water.

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Price History

11/24/2021 Listed $4,100,000
12/23/2021 3% - $4,000,000

Additional Parcels Y/N No
Community Features Street Lights, Sidewalks
Garage Spaces 0
Garage Y/N No
Land Lease Y/N No
Levels Two
Listing Agent Martha Diaz - BRE#01215345
Listing Agent State License 01215345
Lot Size Square Feet 5880
MLS Area 690 - Upland
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N N
Sewer Unknown
Special Listing Conditions Standard
Status Active
Stories 2
Terms Cash, Conventional, 1031 Exchange
Total Actual Rent 9900
Total Units 11
Water Sewer Expense 240

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 6-10 Units/Acre
Lot Size Acres 0.14
Lot Size Area 5880
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 13
Number of Separate Gas Meters 11
Number of Separate Water Meters 1
Total Parking 0
Water Source Public

Property Schools

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Property vs Zip Code Avg (91786)

Price 4.00M Avg 3.10M

Sqr Feet 11,150 Avg 8,615

Cost / Sqr Ft $359 Avg $361

Acres 0.134986 Avg 0.3

Visits 79 Avg 40

Days on Site 60 Avg 46

Walkscore® 85 Avg 62

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Martha Diaz with RE/MAX One - 714-658-7358

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA