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Property profile & analytics
OFF-MARKET
Mixed-use properties

962 Claremont, CA 91711

3,639 SF 1.14 ac lot Built 1968
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 962 Claremont, CA, presents a remarkable investment opportunity. Situated on a prominent section of historic Route 66, this 3,639 square foot building sits on a 1.14-acre lot and offers significant potential for a variety of businesses. Previously occupied by a sushi restaurant, the property has undergone substantial renovations within the last three years, including a new air conditioning system, a new roof, and fresh paint. To further enhance the property's appeal, the parking lot will be resurfaced for a new tenant. The generous parking area accommodates 30 or more vehicles, a significant advantage in a high-traffic area. The seller is also open to assisting a new tenant with additional improvements, demonstrating a commitment to the property's success. This versatile space is ideally suited for a restaurant, but subject to city approval, could accommodate other business types. The property's prime location and recent upgrades make it an attractive proposition for discerning investors seeking a high-return investment in a vibrant Claremont location. The asking price is $7,278,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1968
Total area 3,639 SF
Lot 1.14 ac (49,658 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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