1110 W 1st St.

Description

This offering is a bulk purchase for commercial property and a CUP approved and licensed auto dismantling business. Auto Dismantler looking to expand into the Pomona Valley/ Inland Empire area. The business has an existing Conditional Use Permit (CUP) for auto dismantling. The business opportunity includes all furniture, fixtures and equipment. JD Auto Wrecking has been in operation for almost 30 years. It is a licensed and independently owned and operated as a sole proprietorship. The business has been in operation since 1997 and the owners are seeking retirement. The business assets are included with the two non-adjacent commercial properties on which it operates. The two non-adjacent parcels are: 1110 W. 1st St. Pomona, CA 91766 (located at 1st & Hamilton) APN #8348-014-039 (7,351 sqft) and 1,344 sqft. building - title records 1101 W. 2nd St. Pomona, CA 91766 (located at 2nd & Hamilton) APN #8348-014-014 (3,687 sqft), vacant lot - title records Zoning is POM2-S (Manufacturing Heavy Industrial/ Supplemental Overlay). Check with the City of Pomona for general plan updates on the Green Zone Business Opportunity, Economic Opportunity Zone and urban mixed use and/ or multi-family development. The two parcels and the business are being sold on a CASH ONLY basis at $1,250,000. Seller Carry-Back Financing is not available. The business operates as auto dismantling under a city-issued Conditional Use Permit (CUP). It is current with all operating permits including DMV dismantler occupational license, storm water, LAC Fire and CAL EPA. Zoning is POM2-S (Manufacturing Heavy Industrial/ Supplemental Overlay). Check with the City of Pomona for general plan updates on the Green Zone Business Opportunity, Economic Opportunity Zone and urban mixed use and/ or multi-family development.Information provided from public sources, buyer and buyer's agent must conduct own due diligence.