962 Claremont, CA 91711
- Mixed-use properties
- 3,639 SF
- 1.14 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 962
- Year built
- 1968
- Lot size
- 1.14 lot acres
- Property size
- 3,639 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Claremont
- County
- Los Angeles
- State
- California
- Longitude
- -117.703
- Latitude
- 34.1026
