970 S Village Oaks Covina, CA 91724, Covina , 91724
Listing ID: CV24042929
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$5,100,000
Price
19538
Sq. Ft.
Built: 1981
Listed: 2 months ago
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Property Description

For Sale: Premier 2-Story Commercial Office Building at 970 S Village Oaks Dr, Covina, CA 91724 Nestled in the vibrant heart of Covina, California, this distinguished 2-story commercial office building presents a unique opportunity for both savvy investors and businesses looking for owner-use space. Ideally situated at 970 S Village Oaks Drive, this property boasts a strategic location, exceptional amenities, and versatile use options, making it a standout offering in the market. Key Features: Medical/Dental Use Permitted: Operate within the thriving medical and dental sectors with ease, thanks to compliance with approved city guidelines for medical and dental use. This feature opens the door to a wide range of professional services and practices seeking a prime location. Owner Use or Investment Opportunity: Whether you're looking to establish your own business premises or diversify your investment portfolio, this property offers the flexibility to accommodate your needs. With a 5% cap rate and a history of low vacancy, investors can look forward to a steady income stream, while owner-users will find ample space for their operations. Ample Parking: The property includes a generous allocation of 70 parking spaces, ensuring easy access for employees, clients, and visitors alike. This significant amenity enhances the property's appeal and functionality. Prime Location and Accessibility: Located in close proximity to the 10 freeway, this property offers excellent visibility and convenient access for both local and visiting clientele. The close proximity to a nature park further enriches the location, providing a serene backdrop and recreational options for employees and visitors. Recently Upgraded: The building features new stucco and renovated offices, presenting a modern and professional aesthetic. These recent upgrades contribute to the property's turnkey appeal, requiring minimal additional investment prior to occupation. Opportunity Awaits: 970 S Village Oaks Drive represents a rare blend of location, versatility, and potential. Whether you're aiming to expand your investment portfolio or establish a base for your business, this property offers a foundation for success. Don't miss out on the chance to own a piece of Covina's commercial landscape. Contact us today to schedule a tour and take the first step towards your next venture.

Other located at 970 S Village Oaks Covina, CA 91724. The property was built in 1981. 970 S Village Oaks Covina, CA 91724 is in the Covina neighborhood.
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Listed by: Re/Max Top Producers Re/Max Top Producers

Mortgage Estimation Calculate Your Own

20% down payment
$17,869
per month
35% down payment
$14,518
per month
50% down payment
$11,168
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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KG
Kris Gunewardena
(909) 590-8853

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KG
Kris Gunewardena
(909) 590-8853
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment