640 Archibald Boulevard, Ontario, CA 91764

$2,700,000 Approx. USD 0 beds, 0 baths

Agent Remarks

2.21 acres approved for a Hotel development. 133 rooms conceptually designed and approved. Numerous chains have expressed an interest. Very valuable and strategic site being located just .5 miles from the Ontario Airport entrance. Valued "First right off" the 10 freeway from the west bound Archibald off ramp. The site is across the street is the new and under construction QVC 1 MM sq. ft. fulfillment facility. Ont is predicted to grow as the airport was recently transferred from LAX owners to local control. The Ontario Convention center is just 1 mile west. Some off site improvements need to be completed before construction can begin. This site is responsible for 45% for the work. Estimated to be $700,000 (street light and median built on Inland Empire blvd). This site has most infrastructure done, including underground utilities, storm drain system, fire hydrants, parking lot, and rough grading! $1 MM of site work is already done

Listing Details

Property type: LND (Commercial)
Status: Active Under Contract
MLS# TR16023548
List price is $2,700,000
Beds: 0
Baths: 0
2.21 acres
Lot size: 2.000
County: San Bernardino
MLS area: 686 - Ontario

Last Updated: 7/8/2016

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This listing belongs to the 686 - Ontario MLS area

Lat/Long: 34.069243, -117.593196.
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Broker: Courtesy of Daum Commercial RE Services
Listing Agent: Lee Spence

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