222 N Mountain Avenue, Upland, CA 91876

$8,699,400

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List Price
$8,699,400
Status
ACTIVE
MLS#
CV26092265
Year Built
1979
Lot Size
137,649
Acres
3.16
Lot Location
Corner Lot
Days on Market
91
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Within the OPPORTUNITY ZONE | 222 N. Mountain Avenue presents a compelling opportunity to acquire a stabilized office asset with meaningful near- and long-term upside through its excess land component and flexible mixed-use zoning. The ±3.16-acre site consists of three contiguous parcels and is improved with a ±43,290-square-foot multi-tenant office building, complemented by approximately ±45,509 square feet of surplus land across two additional parcels. Zoned Commercial/Office Mixed-Use (C/O-MU), the property allows for a broad range of office, medical, and retail uses, supporting a cohesive campus-style environment. The excess land is well-suited for immediate expansion, ground-up development, or strategic repositioning to enhance overall asset value. Located within a designated Opportunity Zone, the property offers potential tax advantages while delivering stable in-place cash flow. This combination positions the asset as an attractive acquisition for investors, developers, and owner-users seeking both current income and future development optionality.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Sangaroon Yangchana (lynny@mgrrealestate.com) from Listing Office: MGR REAL ESTATE, INC..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.