For Sale
$3,599,000

110 Euclid AveOntario, CA 91762

13,431 SF, Vacant, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Historic three-story corner building at Euclid & Holt Ave in Downtown Ontario.
  • First floor banquet hall (5,000 sf) generates $6,300/month in rent.
  • Vacant second and third floors offer 38 dorm rooms, each rentable for $900+/month, including optional utilities.
  • Building features kitchens and restrooms on the second and third floors.
  • Free public parking (approx. 200 spaces) is nearby.
  • No retrofitting needed; recent remodel includes plumbing, electrical, and sprinkler system.

Property Details for 110 Euclid Ave

Property type
Specialty properties
Square Feet
13,431 SF
Class
B
Year Built/Renovated
1920/2004

Location Insight

City
Ontario
County
San Bernardino
State
California
Latitude
34.0585262
Longitude
-117.6513991
110 Euclid Ave, Ontario, California

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110 Euclid Ave
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