110 Euclid Ave Ontario, CA 91762
- Specialty properties
- 13,431 SF
Current Use by Public Records
- Beverly Salons / Beauty Salon
- Route 66 Cruisin Reunion / Association Or Organization
- Rose & Dagger Ink / Tattoo Shop
- Wildlife Removal Ontario / Bird Control Service / Animal Control Service
Property Details for 110 Euclid Ave
- Year built
- 1920
- Property size
- 13,431 SF
- Property type
- Specialty properties
Description
This charming, historic three-story building, originally the Beverly Hotel, is located in revitalized Downtown Ontario, CA, near City Hall, the library, and La Verne University Law School. The property features approximately 13,431 square feet, including a ground floor banquet hall currently leased for $6,300 per month (approximately 5,000 square feet), and vacant second and third floors ready for lease. The upper floors previously housed 38 individual offices, ranging from 96 to 885 square feet, each with windows and the potential to be combined for larger spaces. Amenities include shared kitchens and restrooms on each floor, controlled access, central heating and air conditioning, and ceiling fans. The building also includes a 4,300 square foot basement currently used for dry storage. Public parking is available nearby. Built in 1920 and renovated in 2004, this property presents a unique investment opportunity in a thriving downtown area, conveniently located near restaurants, shops, and the Ontario International Airport. The building has a sprinkler system and while it contains an elevator, it is currently not operational. The property is being offered at $3,599,000. The sale can include the existing banquet hall business for an additional $650,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ontario
- County
- San Bernardino
- State
- California
- Longitude
- -117.651
- Latitude
- 34.0585