360 Central Ave Upland, CA 91786

Property Details for 360 Central Ave

Year built

1924

Lot size

0.27 lot acres

Property size

1,188 SF

Property type

Mixed-use properties

Description

This exceptional investment opportunity in Upland, CA, presents a versatile 1,188 sq ft mixed-use property on Central Avenue, boasting high visibility and daily traffic of approximately 32,000 cars. The property includes three small offices, an auto mechanic shop, a tire shop (currently being set up), and a leased smog shop. The sale includes all equipment except for the smog shop equipment. The building also features a den, convertible into employee quarters. This prime location in Upland's business district places it near major retailers such as Target, Walmart, AutoZone, McDonald's, JCPenney, and Macy's. The property sits on a 0.27-acre lot and is zoned for General Commercial/Residential use. The current business operations generate a net annual income of $250,000, with significant potential to increase cash flow by 200%. This multi-tenant property offers diverse income streams and substantial growth potential, making it ideal for investors, owner-operators, or entrepreneurs seeking a dynamic commercial space. The total building size is approximately 2,288 sq ft (1,188 sq ft business + 1,100 sq ft additional space). The building is one story with a den. The asking price is $2,900,000.