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    8659 Sierra Ave Fontana, CA 92335

    View on Map
    Sponsored
    For Sale
    $1,450,000

    Commercial Sale - Fontana, CA

    Property size:
    4,500 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 23 at 6:06 am

    Property Features for 8659 Sierra Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FBC
    APN
    0192151310000
    Size
    4,500 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1946
    Architectural style
    Other

    We can help!

    Listing Contact
    Teri Alvarez

    Keller Williams Realty Redlands

    Listing agent Teri Alvarez License #01498790

    Listing date Mar 21, 2026

    MLS# IG26061779 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Opportunity on Sierra Avenue

    This in-line retail property features 4500 square feet across two units, offering 60 feet of frontage on Sierra Avenue in Downtown Fontana. Each unit has dedicated utility meters for gas, water, and electric services. Currently tenant-occupied with month-to-month leases, this property presents an opportunity for an owner-user or an investor seeking established, long-term tenants. One unit, 8657, is a 1500-square-foot retail storefront with an open floor plan, large showcase windows, central heat and air conditioning, modern tile floors, an office, a storage room, a restroom, and front and rear access doors. It also includes a kitchenette area with a built-in sink cabinet. The other unit, 8659, is a 3000-square-foot retail storefront featuring a wide-open floor plan, large showcase windows, central heat and air conditioning, wood laminate floors, an office, two restrooms, and front and rear access doors. The property sits on a 6000-square-foot lot with public parking in the front and a large city parking lot in the rear. Each unit has a dedicated parking space at its respective rear entrance. The property is located within walking distance of Stage Red Live Music Venue and near Fontana City Hall and the Metro-Link Station, in a revitalization area undergoing transformation into a walkable mixed-use district. The zoning is FBC - Sierra Core Downtown, located in an Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial Shoeworks Clothing & Fashion Store MB Attic Care General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    illusion florist, Flower Delivery Fontana

    Location Insight

    • Map
    • Local Demand
    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.4353973
    Latitude
    34.0964822

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    FAQs

    What type of property is this?
    Storefront property - In-line retail property with two units in Fontana, CA.
    Where is this storefront property located?
    The property is located at 8659 Sierra Ave Fontana, CA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - High-traffic location on Sierra Avenue in Downtown Fontana with 60' frontage.; - Two tenant-occupied units (1500sf and 3000sf) offering income potential or owner-user opportunity.; - Located in an Opportunity Zone and a major revitalization area near City Hall/Metro-Link.
    (909) 330-8123
    Request Owner's contact information
    8659 Sierra Ave Fontana, CA 92335
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    Fontana, CA 92335
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8659 Sierra Ave Fontana, CA 92335
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    We can help!
    Listing Contact
    Teri Alvarez
    Real Estate License ID: 01498790
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