962 Claremont, CA 91711
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.