Freestanding Mixed-Use
For Sale
Contact for pricing
1717 S Grove Ave, Ontario, CA 91761
Office and warehouse improvements support a flexible commercial configuration with heavy electrical service and on-site parking.
Property Size21,924 SF
Price / SF$264.50
Days on Market50
Property Features for 1717 S Grove Ave
General Information
Standard status
Active
Size
21,924 SF
Total Parking Spaces
77
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
23 ft
Warehouse Space
8,827 SF
Office Build-Out
13,097 SF
Drive-In Doors
1
Power
1,600 amps
Voltage
480 V
Heavy Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Listing Agency:
Voit Real Estate Services
(909) 545-8000
Listed By:
Braden Sprenger · License #02190434
(909) 545-8012
Source:
Moodyscre
Added: Sep 16
Changed: Oct 28
Last Checked: Nov 4 at 3:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Voit Real Estate Services
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains approximately 21,924 square feet, including about 13,097 square feet of office area and 8,827 square feet of warehouse space. The warehouse component offers 23-foot clearance and a 12' x 14' grade-level door. Electrical infrastructure includes 1,600A, 277/480V heavy power, subject to verification.
The property is located at 1717 S Grove Ave in Ontario, California. On-site parking totals 77 spaces, providing dedicated parking for the office and warehouse components. The combination of office area, warehouse capacity, high clearance, loading access, and substantial power creates a practical commercial layout for a range of mixed-use operations.
The property is located at 1717 S Grove Ave in Ontario, California. On-site parking totals 77 spaces, providing dedicated parking for the office and warehouse components. The combination of office area, warehouse capacity, high clearance, loading access, and substantial power creates a practical commercial layout for a range of mixed-use operations.
Key Highlights
- Approximately 21,924 SF total property size
- Approximately 13,097 SF of office space
- Approximately 8,827 SF of warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$354,725
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,094,500
$7.1M
Cap Rate 7%
$5,067,500
$5.1M
Cap Rate 9%
$3,941,389
$3.9M
Market Conditions
NOI Build-Up for 21,924 SF
Gross rent
$618.3K $28.20/SF
− Vacancy
−$50.7K −$2.31/SF
EGI
$567.6K $25.89/SF
− OpEx
−$212.8K −$9.71/SF
NOI
$354.7K $16.18/SF
Area
Ontario, CA
Vacancy
8.20%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,094,500
Cap Rate 7%
$5,067,500
Cap Rate 9%
$3,941,389
Alternative Uses
Best Use
Mixed Use
$5.07M
$4.43M – $5.91M
NOI $354,725 @ 7.0% cap · market cap 6.12%
Second Best
Warehouse
$4.69M
$4.10M – $5.47M
NOI $328,149 @ 7.0% cap · market cap 5.66%
Theoretical Best
Specialty Retail
$5.67M
$4.96M – $6.62M
NOI $396,919 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
23 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
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Business Placement
Demographics for 91761, CA
60,306
Population
18,309
Households
3.3
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
28.5 sq mi
ZIP Area
2,116
Density / Sq Mi
$97,396
Median Household Income
$44,493
Median Earnings
$2,015
Median Rent
$590,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and warehouse improvements support a flexible commercial configuration with heavy electrical service and on-site parking.
Where is this mixed-use property located?
The property is located at 1717 S Grove Ave Ontario, CA.
What is the asking price?
The asking price for this property is $5,799,000.
What are key features of this property?
This property features: Approximately 21,924 SF total property size; Approximately 13,097 SF of office space; Approximately 8,827 SF of warehouse space
