Office or Retail Condo

418 W Route 66 Glendora, CA 91740

418 W Route 66, Glendora, CA, 91740
418 W Route 66, Glendora, CA, 91740
FOR SALE
Property Type:
Other Office
Amount:
$449,500
Last Verified:
Jul 22, 2019

Highlights

  • Own instead of rent
  • High visibility location on busy Route 66
  • Anchors the main entrance into a brand new 106 residential unit community
  • Dense infill location
  • New construction
  • Buyer potentially qualifies for Economic Development Loan/Grant for between $5,000 and $25,000
  • Owner-user may qualify for favorable SBA financing

Description

This recently constructed 950 square foot commercial condominium unit anchors the entrance to a brand new 106-unit townhome development by D.R. Horton. The commercial condominium unit is ideal for the entrepreneur who is tired of paying rent. A new Sprouts, Marshalls and Coffee Bean & Tea Leaf have been developed one block west; a new AutoZone and Starbucks have been constructed a block east.

Well located on Route 66 in Glendora in front of 106 brand new Townhomes being built by D.R. Horton. One block away from a brand new Sprouts, Marshalls, and Coffee Bean & Tea Leaf. Easy access off Route 66 with dedicated parking. Dense, infill location in the western San Gabriel Valley.


Year Built: 2016
Building Size: 950.0sq ft
Building Class: A
Lot Size: 0.0 acres

Map of 418 W Route 66, Glendora, CA, 91740

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.