Two-Unit Retail
For Sale
$1,450,000
8659 Sierra Ave, Fontana, CA 92335
Separate utility meters serve each tenant space, which also has entrances at the front and rear.
Property Size4,500 SF
Lot Size0.14 Acres
Price / SF$322.22
Days on Market222
Property Features for 8659 Sierra Ave
General Information
Standard status
Active
Size
4,500 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
Retail
Zoning
FBC - Sierra Core Downtown
Occupancy
100%
Site & Location
Frontage
60 ft
Utilities to Site
Yes
Additional Details
Opportunity Zone
Yes
Tenant in Place
Yes
Amenities
large showcase windows
central heat & a/c
modern tile floors
office
storage room
restroom
front and rear access doors
kitchenette area
wood laminate floors
Building Details
Building Size
4,500 SF
Year Built
1946
Tenancy
Multi
Listing Agency:
Listed By:
Human Element | Char Costantino CA DRE# 02176942
(888) 475-8935
Source:
Humanelementre
Added: Mar 21
Changed: Oct 28
Last Checked: Oct 26 at 2:55PM
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 Human Element | Char Costantino CA DRE# 02176942
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 4,500-square-foot retail property contains two storefronts: an approximately 1,500-square-foot space and a 3,000-square-foot space. Both are tenant-occupied on month-to-month agreements. Each unit has its own gas, water, and electric meters, central heating and air conditioning, an office, and front and rear access. The smaller space also has storage, a restroom, tile flooring, and a kitchenette area; the larger unit includes two restrooms and wood laminate flooring. The building dates to 1946 and occupies a 6,000-square-foot lot, identified as 0.14 acre.
The property has 60 feet of frontage on Sierra Avenue in downtown Fontana. Public street parking is available along the frontage, with a city parking lot behind the building; each storefront has a dedicated space by its rear entrance. Stage Red Live Music Venue is within walking distance, and Fontana City Hall and the Metro-Link Station are nearby. The zoning designation is FBC - Sierra Core Downtown.
The property has 60 feet of frontage on Sierra Avenue in downtown Fontana. Public street parking is available along the frontage, with a city parking lot behind the building; each storefront has a dedicated space by its rear entrance. Stage Red Live Music Venue is within walking distance, and Fontana City Hall and the Metro-Link Station are nearby. The zoning designation is FBC - Sierra Core Downtown.
Key Highlights
- Two retail units totaling 4,500 square feet: approximately 1,500 and 3,000 square feet
- 60' of frontage on Sierra Avenue in downtown Fontana
- Separate gas, water, and electric meters for each storefront
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,986
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,720
$1.3M
Cap Rate 7%
$956,943
$956.9K
Cap Rate 9%
$744,289
$744.3K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$99.9K $22.20/SF
− Vacancy
−$4.2K −$0.93/SF
EGI
$95.7K $21.27/SF
− OpEx
−$28.7K −$6.38/SF
NOI
$67.0K $14.89/SF
Area
Fontana, CA
Vacancy
4.21%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,720
Cap Rate 7%
$956,943
Cap Rate 9%
$744,289
Alternative Uses
Best Use
Retail
$956.9K
$837.3K – $1.12M
NOI $66,986 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,660 @ 7.0% cap · market cap 6.32%
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
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
112k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 13%
Home Improvements & Furnishings 11%
Apparel 3%
Carl's Jr.
Dining
13,355 visits/mo
0.3 miles
76
Shops & Services
12,520 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,437 visits/mo
0.4 miles
Shell
Shops & Services
11,846 visits/mo
0.3 miles
Family Dollar
Shops & Services
10,319 visits/mo
0.4 miles
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Flower Delivery Fontana — 16846 merrill ave, fontana, ca 92335
- illusion florist — Ceres Dr, Fontana, CA 92335
- John David Florist - Flower Delivery Fontana CA — 16823 foothill blvd, fontana, ca 92335
- Mullens Flowers — 17015 Foothill Blvd, Fontana, CA 92335
Frequently Asked Questions
What type of property is this?
Storefront property - Separate utility meters serve each tenant space, which also has entrances at the front and rear.
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: Two retail units totaling 4,500 square feet: approximately 1,500 and 3,000 square feet; 60' of frontage on Sierra Avenue in downtown Fontana; Separate gas, water, and electric meters for each storefront
