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    1600 Grove Ave Ontario, CA 91761

    Sponsored
    For Sale
    $1,968,000

    High-end, vacant flex condo; ideal owner-occupier.

    Property size:
    5,338 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A flex space, located at 1600 S Grove Ave, Suite A, Ontario, CA 91761, presents a unique opportunity for owner-occupiers. The 5,338 square foot condo boasts a desirable location in San Bernardino County and offers a blend of office and industrial functionality. Currently vacant, this property is priced at $1,968,000, translating to $368.68 per square foot. The building features an impressive 18-foot ceiling height, providing ample vertical space for various uses. A single loading dock ensures efficient handling of goods. The property's high-end finishes and strategic location on Grove Avenue make it an attractive investment for businesses seeking a modern and functional workspace. The property is classified as a flex space, catering to a wide range of commercial needs. This turnkey solution offers immediate occupancy and the potential for significant return on investment. The property's convenient location in Ontario, California provides easy access to major transportation routes and a thriving business community. Don't miss this chance to acquire a premium flex space in a prime location.

    Property Features for 1600 Grove Ave

    General Information

    Property type
    Flex space
    Square Feet
    5,338 SF
    Class
    A

    HighLights

    • $1,968,000 asking price for this vacant Class A flex space.
    • 5,338 square feet of office/industrial space.
    • Located at 1600 S Grove Ave, Suite A, Ontario, CA 91761.
    • $368.68 per square foot.
    • Features one loading dock and 18‑foot ceilings.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arrow Staffing Services Employment Agency Scarbrough Design Associates ... Interior Designer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.62895925
    Latitude
    34.0447074

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    FAQs

    What type of property is this?
    Flex space - High-end, vacant flex condo; ideal owner-occupier.
    Where is this flex space located?
    The property is located at 1600 Grove Ave Ontario, CA.
    What is the asking price?
    The asking price for this property is $1,968,000.
    What are key features of this property?
    This property features: $1,968,000 asking price for this vacant Class A flex space.; 5,338 square feet of office/industrial space.; Located at 1600 S Grove Ave, Suite A, Ontario, CA 91761.
    Request Owner's contact information
    1600 Grove Ave Ontario, CA 91761
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    Ontario, CA 91761
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    Realmo Value Estimation

    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.

    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.

    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
    1600 Grove Ave Ontario, CA 91761
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