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Office Warehouse

Industrial Condominium

1848 W 11th St, Upland, CA 91786

Listing Price: $750,000

Lot Size
0.10 acres
Year Built
1989
Rentable SF
3,478

Investment Overview

Marcus & Millichap is pleased to present the rare opportunity to purchase an Industrial Condominium located at 1848 W. 11th St. # M in Upland, California. Built in 1989, the condominium per assessed square footage is 2,378 Sq. Ft, plus an additional ±1,100 Sq. Ft. of loft space located upstairs. The total estimated square footage is ±3,478. The first floor contains two large offices in the front of the building, large workspace area, full kitchen with a half bathroom and estimated ±1,250 Sq. Ft of Warehouse Space. The upstairs loft area contains a full bathroom with shower, Washer / Dryer Hook-Ups and a large conference room. There is a 10 ft high electric roll up door, 19 Ft Clear Height, Fire Sprinklers located throughout the said unit, 5 Ton Roof – Mounted A/C Unit, 220 Amp / 3 Phase Power and much more. The Seller is seeking to lease back the property for a term of 18 months, from the close of escrow. In addition, the owner is offering Seller Financing in the amount of $487,500, for a term of 10 Years.The first 5 years an interest rate of 5.5% fixed and years 6 to 10, at an interest rate of 6% fixed with a 25 Year Amortization. Also, the monthly association dues are $389 per month and includes exterior maintenance, landscape, water /sewer/ trash, roof, parking lot / driveways and insurance for the structure / exterior.

Investment Highlights

  • Rare Opportunity to Purchase an Industrial Condominium in Upland, CA.
  • Seller Financing Available
  • 1 Ground Level Door and 19 Foot Clear Height
  • Investor or Owner / User Opportunity

Exclusively Listed By

Office Warehouse

Industrial Condominium

Listing Price: $750,000

Lot Size
0.10 acres
Year Built
1989
Rentable SF
3,478

Investment Highlights

  • Rare Opportunity to Purchase an Industrial Condominium in Upland, CA.
  • Seller Financing Available
  • 1 Ground Level Door and 19 Foot Clear Height
  • Investor or Owner / User Opportunity

Investment Overview

Marcus & Millichap is pleased to present the rare opportunity to purchase an Industrial Condominium located at 1848 W. 11th St. # M in Upland, California. Built in 1989, the condominium per assessed square footage is 2,378 Sq. Ft, plus an additional ±1,100 Sq. Ft. of loft space located upstairs. The total estimated square footage is ±3,478. The first floor contains two large offices in the front of the building, large workspace area, full kitchen with a half bathroom and estimated ±1,250 Sq. Ft of Warehouse Space. The upstairs loft area contains a full bathroom with shower, Washer / Dryer Hook-Ups and a large conference room. There is a 10 ft high electric roll up door, 19 Ft Clear Height, Fire Sprinklers located throughout the said unit, 5 Ton Roof – Mounted A/C Unit, 220 Amp / 3 Phase Power and much more. The Seller is seeking to lease back the property for a term of 18 months, from the close of escrow. In addition, the owner is offering Seller Financing in the amount of $487,500, for a term of 10 Years.The first 5 years an interest rate of 5.5% fixed and years 6 to 10, at an interest rate of 6% fixed with a 25 Year Amortization. Also, the monthly association dues are $389 per month and includes exterior maintenance, landscape, water /sewer/ trash, roof, parking lot / driveways and insurance for the structure / exterior.

Exclusively Listed By

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