Agent Photo
Patrick Downtain
Wheeler Steffen Sotheby's International Realty
Wheeler Steffen Sotheby's International Realty home

16281 Arrow Boulevard
16281 Arrow Boulevard Fontana, California 92335 United States

$1,450,000
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Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. It is ideal for up to 51 units of regular or senior Apartment per the attached proposed Apartment Plan, Restaurants, Coin Laundry, Hair and/or Nail...
$1,450,000
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1.2 Acres
Exterior
Land
Property type
CV19166543
Web Id
CV19166543
MLS ID
Fontana Unified
School District
871
days ago

About 16281 Arrow Boulevard

Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. It is ideal for up to 51 units of regular or senior Apartment per the attached proposed 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.

Listing Courtesy of RE/MAX CHAMPIONS

features

lot description
Corner Lot, Level

PROPERTY INFORMATION

Sewer
Unknown
View
Mountain(s)
Water
Public

EXTERIOR

Lot Description
Corner Lot, Lot Over 40000 Sqft, Level, Near Public Transit, Rectangular Lot, Value In Land
Patrick Downtain
  • DRE# 00894345
500 W. Foothill Blvd.
Claremont, California 91711 United States
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