667 W 2nd Street, Pomona, CA, 91766

667 W 2nd Street Pomona, CA 91766

667 W 2nd Street, Pomona, CA, 91766
667 W 2nd Street, Pomona, CA, 91766
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,450,000
Last Verified:
Jun 26, 2019

Highlights

  • Prime Downtown Pomona Location - Arts Colony
  • Centrally located near many college campuses.
  • Zoned Mixed Use - Institutional (MU-I)
  • Centrally located near major freeways with ability to draw from a larger market.

Description

Approx. 3,790 sq. ft. block freestanding building located on a 15,473 sq. ft. Lot in the Downtown Specific Plan of Pomona. Formerly it was an automotive repair shop however the possibilities for this property are endless and it is a prime opportunity for an adaptive re-use redevelopment project. Downtown Pomona is being positioned through the Specific Plan to attract shoppers and visitors from a variety of Trade Areas. Contact the broker for a tour of the property.

Located at the North East Corner of W. 2nd Street & S Rebecca Street in Downtown Pomona. Situated just west of Garey Ave & East of White Ave across from Memorial Park.

Building Size: 3790.0sq ft
Lot Size: 0.36 acres

Map of 667 W 2nd Street, Pomona, CA, 91766

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.