1717 S Grand Ave, Glendora, CA 91740 | For Sale

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For Sale $2,999,000

$2,999,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 34,596 Sq Ft
  • Unknown Cap Rate

Description

Welcome to a remarkable investment opportunity in the heart of Glendora, featuring a generously sized lot spanning just under 35,000 square feet. This parcel, perfectly suited for development with Glendora's recently approved special plan. The property's previous use as a restaurant sets a strong foundation for potential projects, with available plans showcasing an expansive express car wash facility. Detailed drawings are readily available for review upon request, reflecting the thorough preparation and planning that has gone into this venture. These plans have been formally submitted to the city and are currently undergoing the review process. Under the proposed plan, the property's continuity in use is assured, maintaining its current functionality while also offering significant scope for growth and enhanced utilization of space. Notably, the anticipated increase in floor area ratio (FAR) from the current .35 to .05 underscores the substantial potential for expansion and development. An essential aspect of the property's zoning is the favorable parking ratios stipulated for offices, shops, and medical facilities, standing at 1:250 and 1:200, respectively. It is strongly recommended to directly verify all zoning laws and regulations with the city authorities to ensure full compliance and seamless progression of the development process.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $2,999,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 8631005014
MLS # BB24080818
Property ID 320498316
Lot Sqft 34,596
Zoning Unknown
Days on Market 292
Original List Price $2,999,000
Date Updated September 30, 2024
Date Created May 03, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Ann Grigoryan an agent of . Lic #01491523


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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