280 W 3rd Street | Pomona, CA

Mixed Use Building

Prime corner location within walking distance to city hall, art shops, retail shops, and Western Medical University. Downtown Pomona is coming back!

Building is  approximately 7,500 sq ft. Currently setup for sit down dining for 200+. Perfect to divide and convert to a couple of concept dining designs.

City Developments:

  • Maya Cinemas  After long delays, the project is moving forward. Groundbreaking will begin soon to build a 12- to 15-screen state-of-the art theater cross-corner to this location.

    280 W 3rd is literally across the street from this new theater project! Great value added.

  • 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. Labeled as the “Gateway to the city” this project addresses the future of downtown Pomona by providing a unified, sustainable front door to the city and exemplifies designs ability to strengthen the existing urban fabric and build a livable future. The city of Pomona has confirmed receipt of deposits for environmental impact reports.
  • 5 story parking structure providing over 1,105 parking stalls 40 unit residential property on Mission & Linden Additional projects can be verified with city planning.

Great time to invest in Pomona!

Owner not interested in leasing. Retired and selling off his real estate portfolio. May consider some owner financing.

Similar restaurant building apx 1.5 miles away recently sold for $1,7MM. This is a much better location on a corner lot at a lower price. Building is currently vacant and setup for a large sit-down restaurant. Can easily be divided into 2, 3, or more separate businesses.

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Defer Capital Gains Taxes when you sell your capital assets. Better than a 1031 exchange: www.DeferCapitalGainsTaxes.com

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