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Multi-Tenant Office Building with Land
For Sale
$8,699,400

222 N Mountain Avenue, Upland, CA 91876

Commercial Sale, Upland, CA

Property Size43,290 SF
Lot Size3.16 Acres
Price / SF$200.96
Days on Market191

Property Features for 222 N Mountain Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C/O-MU - Commercial/Offic
Directions North of I-10 Fwy, at the signalized corner of N Mountain Avenue and W 9th Street, Upland
Subdivision 690 - Upland
Standard status Active
APN 1007531120000
Lot size 3.16 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Year built 1979
Buildings 1
Listing Agency: MGR REAL ESTATE, INC.
Listed By: Sangaroon Yangchana · License #01518762
Added: Apr 27 Changed: Nov 2 Last Checked: Nov 3 at 9:06AM
MLS# CV26092265

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.

Rey
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Investment Insights

Based on property information with market context.

The 1979 office property includes a multi-tenant building measuring approximately 43,290 square feet. The site totals approximately 3.16 acres and comprises three contiguous parcels, with about 45,509 square feet of additional land located on two parcels.

Zoning is identified as C/O-MU, or Commercial/Office Mixed-Use. The stated zoning supports office, medical, and retail uses.

Key Highlights

  • Approximately 43,290‑square‑foot multi‑tenant office building
  • Approximately 3.16‑acre site spanning three contiguous parcels
  • About 45,509 square feet of additional land across two parcels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$509,540
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,190,800 $10.2M
Cap Rate 7%
$7,279,143 $7.3M
Cap Rate 9%
$5,661,556 $5.7M
Market Conditions
NOI Build-Up for 43,290 SF
Gross rent
$737.7K $17.04/SF
− Vacancy
−$58.3K −$1.35/SF
EGI
$679.4K $15.69/SF
− OpEx
−$169.8K −$3.92/SF
NOI
$509.5K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,190,800
Cap Rate 7%
$7,279,143
Cap Rate 9%
$5,661,556

Alternative Uses

Best Use
Office B
$7.28M
$6.37M – $8.49M (±1% cap)
NOI $509,540 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.13M
$7.99M – $10.65M (±1% cap)
NOI $639,197 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

R C Mortgage ... Loan Service California College of Arts ... Vocational School Kardar Insurance Services Insurance Agency Expanding Life Institute Church pipe insurance Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Storage Facility Food Market Veterinary Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,967
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - The property combines occupied office space with additional land across a three-parcel site.
Where is this office building located?
The property is located at 222 N Mountain Avenue Upland, CA.
What is the asking price?
The asking price for this property is $8,699,400.
What are key features of this property?
This property features: Approximately 43,290‑square‑foot multi‑tenant office building; Approximately 3.16‑acre site spanning three contiguous parcels; About 45,509 square feet of additional land across two parcels
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