Description
Prime Location, Corner building. Property is in Opportunity Zone- around 7500 sq.ft - Mix Use. Located in historic downtown Pomona, walking distance to city hall, art shops, retail shops, and Western Medical University. Great opportunity with over 100 plus development in the pipeline for the City of Pomona. Current and future plans include: - ACTIVE PROJECT: 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 and Directly across from Maya Theaters, being developed. The DDA approved by the city of Pomona on August 6th. ACTIVE PROJECT 2- 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 planning Great time to invest. Maya Theaters are in the final phase of securing New Market Tax Credits. The building is currently set up for a large sit-down restaurant. It can easily be divided into 3 or more separate businesses. Or, tear down and re-develop.
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0.18ACRES
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01/2 BATHS
School Ratings & Info
Description
Prime Location, Corner building. Property is in Opportunity Zone- around 7500 sq.ft - Mix Use. Located in historic downtown Pomona, walking distance to city hall, art shops, retail shops, and Western Medical University. Great opportunity with over 100 plus development in the pipeline for the City of Pomona. Current and future plans include: - ACTIVE PROJECT: 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 and Directly across from Maya Theaters, being developed. The DDA approved by the city of Pomona on August 6th. ACTIVE PROJECT 2- 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 planning Great time to invest. Maya Theaters are in the final phase of securing New Market Tax Credits. The building is currently set up for a large sit-down restaurant. It can easily be divided into 3 or more separate businesses. Or, tear down and re-develop.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T23:25:22.463. 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 Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.