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    16281 Arrow Boulevard

    Fontana, CA 92335
    • $1,450,000
    • STATUS: Active
    • ON SITE: 750 days
    • ID#: CV19166543
    UPDATED: 16 min ago
    $1,450,000
    • 0
      BEDS
    • 1.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. It is ideal for up to 51 units of senior Apartment per the attached proposed Senior Apartment Plan, Restaurants, Coin Laundry, Hair and/or Nail Salons, Offices, Medical Offices, and Auto Shops. There was a proposed Plan to be built out 2 commercial buildings: 3,120 SF and 12,680 SF. There are two lots (16281 Arrow Blvd and 8528 Oleander Ave) included in the sale, each lot with a house 2 bedrooms and 1 bathroom about 888 SF, generating income $1,490 monthly. Tenants have resided in the properties for many years. It will continuously generate income while working on new redevelopment plans. The lots are located on the signalized southwest corner of Arrow Blvd and Oleander Ave. The frontage on Arrow Blvd to be 278 ft and Oleander Ave to be 155 ft. Arrow Blvd is a major thoroughfare for many residents who live in the area. The Property is close to Downtown Fontana, Metro link Plaza, shopping centers, restaurants, Foothill Blvd on the north leading to Victoria Gardens, Auto Club Speedway on the southwest, 10 FWY leading to Ontario Mills and accessing to 15 FWY. Two lots to be sold together, no termite reports and maintenance warranty to be provided by the Sellers, the subject properties are to be sold "As Is" conditions with No repairs. Please Do Not disturb the tenants because they were not aware of the sale of the properties. Please check with City of Fontana for permitted uses and development standards.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T23:25:09.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/96868541
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    16281 Arrow Boulevard Fontana, CA 92335

    • Price: $1,450,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: CV19166543
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.2
    Acres
    Neighborhood:
    264 - Fontana
    County:
    San Bernardino
    Area:
    264 - Fontana
    Property Description
    Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. It is ideal for up to 51 units of senior Apartment per the attached proposed Senior Apartment Plan, Restaurants, Coin Laundry, Hair and/or Nail Salons, Offices, Medical Offices, and Auto Shops. There was a proposed Plan to be built out 2 commercial buildings: 3,120 SF and 12,680 SF. There are two lots (16281 Arrow Blvd and 8528 Oleander Ave) included in the sale, each lot with a house 2 bedrooms and 1 bathroom about 888 SF, generating income $1,490 monthly. Tenants have resided in the properties for many years. It will continuously generate income while working on new redevelopment plans. The lots are located on the signalized southwest corner of Arrow Blvd and Oleander Ave. The frontage on Arrow Blvd to be 278 ft and Oleander Ave to be 155 ft. Arrow Blvd is a major thoroughfare for many residents who live in the area. The Property is close to Downtown Fontana, Metro link Plaza, shopping centers, restaurants, Foothill Blvd on the north leading to Victoria Gardens, Auto Club Speedway on the southwest, 10 FWY leading to Ontario Mills and accessing to 15 FWY. Two lots to be sold together, no termite reports and maintenance warranty to be provided by the Sellers, the subject properties are to be sold "As Is" conditions with No repairs. Please Do Not disturb the tenants because they were not aware of the sale of the properties. Please check with City of Fontana for permitted uses and development standards.
    Exterior Features

    Fencing Wire Lot Features Corner LotLot Over 40000 SqftLevelNear Public TransitRectangular LotValue In Land Road Frontage Type City Street Road Surface Type Paved Sign On Property YN No View Mountain(S) View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Street LightsSidewalksUrban Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange New Construction YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer AvailableWater Connected Water Source Public Zoning C2

    Listing provided courtesy of Kuo-Ming Lee of Re/Max Champions


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T23:25:09.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Team Forss Realty Group
    31213 Temecula Parkway
    Temecula CA, 92592