1409 4Th StOntario, CA 91764

Property Details for 1409 4Th St

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.88 AC

Property size (Sq ft)

4,360 SF

Property type

Turn key restaurants

APN

0108-381-23-0000

APU

108381230000

Description

This exceptional redevelopment opportunity presents a 4,360 square foot vacant QSR/Fast Food building situated on a substantial 38,199 square foot lot (approximately 0.88 acres) in Ontario, California. Located at 1409 E 4th St, this property boasts a prime location immediately off the heavily trafficked I-10 Freeway (approximately 262,000 cars per day) and E 4th St (approximately 21,600 cars per day), ensuring exceptional visibility and signage opportunities. The Neighborhood Commercial (CN) zoning allows for a variety of commercial uses, including casual dining or drive-thru fast-food establishments. The large lot size presents significant potential for multiple drive-thru lanes and even EV charging stations. This stand-alone asset is not subject to any restrictive covenants or agreements, simplifying ownership and management. Its proximity to the high-performing Galvin Park Shopping Center, anchored by Smart & Final (1.7 million annual visits), further enhances its desirability. This freeway-adjacent property offers a rare chance to reposition or redevelop a significant asset in Southern California's competitive market. The asking price is $3,000,000. APN: 0108-381-23.

• CAP approach

  CAP return

  Valuation

  6%

  $1,596,302

  6.5%

  $1,473,510

  7%

  $1,368,259

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,862,886

  Geo Method

  $3,170,018

• Alternative Use

  Use

  Valuation

  Residential

  $1,242,961

  Hospitality

  $1,138,545

  Educational

  $947,256

  Medical

  $979,834

  Retail

  $1,473,510

Location Insight

City

Ontario

County

San Bernardino

State

California

Latitude

34.0782

Longitude

-117.626

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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