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280 W 3rd Street, Pomona, CA, 91766

Pomona, 280 W 3rd Street

$1,700,000 No Taxes

Listing Number: OC17113263 Listing provided courtesy of Saddleback Valley RE Services
About this listing
Prime corner location. Walking distance to city hall, art shops, retail shops, and Western Medical University. Downtown Pomona is coming back! Development Services Department has over 100 projects in the pipeline for the city. Current and future plans include: - ACTIVE PROJECT: Directly across from Maya Theaters, being developed. The DDA approved by city of Pomona on August 6th. (See attached plans) Maya Cinemas will build a 12- to 14-screen state-of-the art theater & parking structure on the NW corner of 3rd and Main St. - ACTIVE PROJECT: (1 blk distance) 2nd + Main Project will be three 5-story structures combining residential, retail, & dining. Housing will include 334 units catering to students, faculty, and the existing academic community. - ACTIVE PROJECT: 5 story parking structure providing over 1,105 parking stalls- Additional projects can be verified with city planningGreat time to invest. Maya Theaters are in final phase of securing New Market Tax Credits. Building is currently setup for a large sit-down restaurant. Can easily be divided into 3 or more separate businesses. Or, tear down and re-develop. Price subject to change based on theater progress. Property is in Opportunity Zone
Property Information
  • Property Type: Other
  • Approx year built: 1939
  • Address
    • County: Los Angeles
    • Directions: Cross streets S. Garey Ave and 3rd street. One block west of historic The Fox Theater
    • Street Zip 4: 1712
    • Property Location: Los Angeles
  • Property Features
    • Stories: 2
    • MLS Area: Pomona
    • Water Source: Well
    • Cooling: Has Cooling
    • Building Total Sq Ft: 7500
    • Condition: Existing
    • APN No: 8341005019
Courtesy Of
Pete Vernon Mitchell
Saddleback Valley RE Services
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