60 N Mountain Ave
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60 N Mountain Ave
6,396 SF Retail Building Upland, CA 91786 $2,500,000 ($391/SF)
Investment Highlights
- Generous Lot with Extensive Parking
- First Time To Hit The Market In 45 Years
- Listed at $2,500,000
- Located Off The 10 Freeway
Executive Summary
Explore a premier investment opportunity featuring a class B restaurant/bar/nightclub building built in 1979 on a 1.28 Acre lot with 80 parking spaces. This prime location we present an exceptional chance for investors seeking redevelopment. The property is currently zoned, Highway Commercial (HC), and is designed to accommodate medium to high-intensity uses, offering a broad range of retail, wholesale, commercial, entertainment, office, service, and professional activities. Located along freeway frontage roads and near freeway on/off ramps, this district is intended to capitalize on high traffic volumes and serve both local consumers and highway travelers. The HC zoning district is characterized by large parcels of land that support the development of retail hubs, regional shopping centers, restaurants, hotels, motels, highway service centers, and large-scale entertainment venues. Developments within this district are typically integrated complexes with multiple uses and tenants, providing a diverse array of goods and services.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,396 SF
Building Class
B
Year Built
1979
Price
$2,500,000
Price Per SF
$391
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.28 AC
Zoning
HC Zoning
Parking
80 Spaces (7.16 Spaces per 1,000 SF Leased)
Frontage
219 FT on Mountain
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Tequila Hoppers
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Tequila Hoppers | Accommodation and Food Services | - | - | - |
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1007-561-14 | Improvements Assessment | $473,697 |
| Land Assessment | $671,463 | Total Assessment | $1,145,160 |
PROPERTY TAXES
Parcel Number
1007-561-14
Land Assessment
$671,463
Improvements Assessment
$473,697
Total Assessment
$1,145,160
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60 N Mountain Ave
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