16616 Foothill BlvdFontana, CA 92335

  • Retail space
  • 2,400 SF
For Sale
$1,290,000 View listing

Property Details for 16616 Foothill Blvd

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
2,400 SF
Property type
Retail space
APN
0190-121-07-0000
APU
190121070000

Description

This exceptional 2,400 square foot office building is ideally situated on Foothill Boulevard in Fontana, California, offering unparalleled visibility and accessibility. The property sits on a sizable 0.33-acre lot, providing ample space for parking and potential future expansion. The building's strategic location presents significant business opportunities, making it an attractive investment for a variety of commercial enterprises. The asking price is $1,290,000. This represents a compelling opportunity to acquire a well-positioned commercial property in a thriving Southern California market. The building's size and location make it suitable for a range of businesses seeking a prominent presence in Fontana. The 0.33-acre lot offers flexibility for outdoor uses, such as employee parking or potential future development. Given its prime location on Foothill Boulevard, this property enjoys high traffic volume and excellent visibility, ensuring strong brand recognition for any tenant. The building's interior layout is adaptable to various business needs, offering a blank canvas for customization. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price. Serious inquiries are encouraged. Further details and viewing arrangements can be made upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $822,930
    6.5%
    $759,628
    7%
    $705,369
  • Comparable approach

    Method
    Valuation
    Relative Method
    $944,798
    Geo Method
    $1,938,618
  • Alternative Use

    Use
    Valuation
    Residential
    $640,774
    Hospitality
    $586,946
    Educational
    $488,332
    Medical
    $505,127
    Retail
    $759,628

Location Insight

City
Fontana
County
San Bernardino
State
California
Latitude
34.1069
Longitude
-117.442
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,598
$133,468
$214,707
$348,175
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FAQs

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