1701 Grove AveOntario, CA 91761

Property Details for 1701 Grove Ave

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.35 AC

Property size (Sq ft)

17,566 SF

Property type

Industrial properties

Property subtype

Loft space

APN

0113-361-42-0000

APU

113361420000

Description

This exceptional 1,800-square-foot property, located at 1701 S. Grove Ave in Ontario, California, presents a unique opportunity for a single tenant. Situated in San Bernardino County, zip code 91761, this versatile space seamlessly blends executive office and warehouse functionality. The entire 1,800 square feet is currently vacant and ready for immediate occupancy. The property's classification as both office and industrial space offers significant flexibility for a variety of businesses. Whether your needs are primarily office-based, requiring a professional and efficient workspace, or if you require warehouse space for storage or light manufacturing, this property caters to diverse operational requirements. Its single-tenant occupancy ensures privacy and control over the entire premises. The convenient location in Ontario, California provides easy access to major transportation routes, enhancing logistical efficiency for businesses relying on efficient distribution networks. This is an ideal space for a company seeking a combined office and warehouse solution in a prime location. Contact us today to schedule a viewing and explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $5,425,076

  6.5%

  $5,007,763

  7%

  $4,650,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,616,406

  Geo Method

  $8,707,803

• Alternative Use

  Use

  Valuation

  Residential

  $5,007,763

  Hospitality

  $4,587,084

  Educational

  $3,816,400

  Medical

  $3,947,652

  Retail

  $5,936,622

Location Insight

City

Ontario

County

San Bernardino

State

California

Latitude

34.0428

Longitude

-117.628

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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