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$ 1,200,000
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Price Dropped by $90K
18100 Arrow Fontana, CA 92335
2.32 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25155871
Lot Size 2.320 Acres
Property Sub-Type Lots/Land
Property Description
Great investment opportunity on the boulevard adjacent to the Stater Bro's shopping center. This location sits on 2.32 Acres of buildable land, and it offers a variety of zoning options to create the project of your dreams. Owner has preliminary plans to build 59 senior housing units to accommodate the growing need for housing in the area for seniors 55+ years and above. The project consists of several 2-3 story buildings that can be built in sections including 92 parking spaces, these senior housing apartments are not required to have garages reducing your construction costs. The build out consists of 51 1-Bedroom, 6 2-Bedroom and 2 3-Bedrooms units. The location is zoned C1 Commercial Community with many development options, can build up to 39 dwelling units per acre for senior housing if desired to build a larger project, check with the City of Fontana for the list of building options for your commercial uses. Owner has already completed a Topographic Survey and Soils Report along with a preliminary 59-unit design.
Location
State CA
County San Bernardino
Direction E Locust Ave / N Arrow Blvd
Interior
Fireplace No
Exterior
View Y/N No
Present Use Commercial
Others
Senior Community No
Restrictions Other/Remarks
Tax ID 0246081210000
Acceptable Financing Cash
Listing Terms Cash
Listed by Alfredo Gonzalez LoanRate
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