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In-Line Retail with 60-Foot Frontage
For Sale
$1,450,000

8659 Sierra Ave, Fontana, CA 92335

SINGLE_FAMILY - Fontana, CA

Property Size4,500 SF
Lot Size0.14 Acres
Price / SF$322.22
Days on Market137

Property Features for 8659 Sierra Ave

General Information

Property type Residential
Property subtype Retail
Zoning FBC
Directions I-10 Freeway Exit Sierra Ave North; property is on the Right hand side of street before Foothill Blvd.
Subdivision 264 - Fontana
Standard status Active
APN 0192151310000
Lot size 0.14 Acres

Utilities

Cooling system Central Air

Building Details

Year built 1946
Listing Agency: KELLER WILLIAMS REALTY
Listed By: Teri Alvarez · License #01498790
Added: Mar 20 Changed: Jul 6 Last Checked: Aug 3 at 1:06AM
MLS# IG26061779

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.

Investment Insights

Based on property information with market context.

A two-unit in-line retail property offering 2, separate storefronts under one roof, currently tenant-occupied on month-to-month terms. Unit 8657 is described as a mostly open retail layout with large showcase windows, central heat and air conditioning, modern tile floors, an office, storage room, restroom, and front and rear access doors, along with a kitchenette area and built-in sink cabinet. Unit 8659 is described as a wide-open retail space with large showcase windows for natural light, central heat and air conditioning, wood laminate floors, an office, two restrooms, and front and rear access doors.

The property is situated on highly trafficked Sierra Avenue in downtown Fontana with approximately 60 feet of frontage. Parking is available at the street front for public parking and through a larger city parking lot in the rear, with each unit also having a dedicated parking space at its respective rear entrance. The listing notes proximity to Stage Red Live Music Venue and nearby to Fontana City Hall/Metro-Link Station within a revitalization area with ongoing transformation toward a walkable mixed-use district.

Zoned FBC - Sierra Core Downtown, the buyer is required to verify their own zoning and use with the City of Fontana. This configuration supports an owner-user plan alongside rental income, or an investor approach with established tenants. The listing also notes the property is designated Opportunity Zone and that the buyer must cooperate with Sellers regarding a 1031-exchange requirement.

Key Highlights

  • 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.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $99.9k $22.20
− Vacancy −$4.2k −$0.93
EGI $95.7k $21.27
− OpEx −$28.7k −$6.38
NOI $67.0k $14.89
4,500 SF · lease $22.20/SF/yr · vacancy 4.21% · expense 30.00%

Alternative Uses

Best Use
Retail
$956.9K
$837.3K – $1.12M (±1% cap)
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 (±1% cap)
NOI $91,660 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Industrial Shoeworks Clothing & Fashion Store MB Attic Care General Contractor

Suggested Use

Top Pick Real Estate Agency Electrical Service Daycare Center Garden Center Computer & Electronic Repair Catering Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 25% Home Improvements & Furnishings 11% Apparel 9%
Carl's Jr. Dining
13,355 visits/mo 0.2 miles
76 Shops & Services
12,520 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
12,437 visits/mo 0.2 miles
WSS Apparel
10,583 visits/mo 0.3 miles
Family Dollar Shops & Services
10,319 visits/mo 0.1 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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Mullens Flowers — 17015 Foothill Blvd, Fontana, CA 92335
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Frequently Asked Questions

What type of property is this?
Storefront property - Two tenant-ready retail storefronts with dedicated utility meters, front and rear access, and parking at the rear entrances.
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.
More about this property
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