Prime corner location within 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: - Across from this property: 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. This project is schedule to break ground this year, 11/2017.- 1 blk away: 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. Labeled as the "Gateway to the city" this project addresses the future of downtown Pomona by providing a unified, sustainable front door to the city and exemplifies designs ability to strengthen the existing urban fabric and build a livable future. - 5 story parking structure providing over 1,105 parking stalls- 40 unit residential property on Mission & Linden- Additional projects can be verified with city planningGreat time to invest. Similar restaurant building apx 1.5 miles away recently sold for $1,7MM. This is a much better location on a corner lot at a lower price. Building is currently setup for a large sit-down restaurant. Can easily be divided into 3 or more separate businesses. Being sold as auction. Please check business website for further details. Listed price is minimum bid.
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Data Provided by:
California Regional Multiple Listing Service