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142 N Mountain Ave 1,860 SF Retail Building Ontario, CA 91762 $4,049,481 CAD ($2,177.14 CAD/SF) 25% Cap Rate
Investment Highlights
- NEWER FREESTANDING commercial building located on a prime lot with ample parking space and traffic exposure! PROPERTY CAN BE DELIVERED VACANT!
Executive Summary
NEWER FREESTANDING commercial building located on a prime lot with ample parking space and traffic exposure! PROPERTY CAN BE DELIVERED VACANT! Commercial building on Mountain Ave. Re-built in 1990. Building size is @ 1,860 sq ft with high ceilings, and its lot size is 15,725 sq ft with alley access and 25+ parking spaces, including a handicap ramp. Currently used as a fast food restaurant (LIBERTY BURGERS) and can be converted into anything you want: Coffee shop, fast food franchise, doughnut shop, etc. Terrific curb appeal, large dining area, Showcase food services.2 Head mini split heat / air system
as well as the central heat / air
2 ADA compliant bathrooms
ADA compliant handicap parking and accessibility path CHECK ATTACHMENT FOR INVENTORY AND FIXED ITEMS LIST SOLD WITH PROPERTY
21 1/2’ long stainless steel hood with 2 blower fans
21 1/2’ long cooking line with steam table, vegetable / sauce table with under cabinet refrigeration, grill, 2 stove top cooking burners, char broiler, 3 bin deep fryer with baskets… . LOCATION! LOCATION! LOCATION! VERY RARE TO FIND A FREE STANDING BUILDING WITH HUGE PRIVATE PARKING LOT!
as well as the central heat / air
2 ADA compliant bathrooms
ADA compliant handicap parking and accessibility path CHECK ATTACHMENT FOR INVENTORY AND FIXED ITEMS LIST SOLD WITH PROPERTY
21 1/2’ long stainless steel hood with 2 blower fans
21 1/2’ long cooking line with steam table, vegetable / sauce table with under cabinet refrigeration, grill, 2 stove top cooking burners, char broiler, 3 bin deep fryer with baskets… . LOCATION! LOCATION! LOCATION! VERY RARE TO FIND A FREE STANDING BUILDING WITH HUGE PRIVATE PARKING LOT!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$212,343
|
$114.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$212,343
|
$114.16
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $212,343 |
| Annual Per SF | $114.16 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $212,343 |
| Annual Per SF | $114.16 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,860 SF
Building Class
C
Year Built
1990
Price
$4,049,481 CAD
Price Per SF
$2,177.14 CAD
Cap Rate
25%
NOI
$1,012,370 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.36 AC
Zoning
M2, Ontario - restaurant
Parking
30 Spaces (16.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Liberty Bell
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Liberty Bell | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1010-502-13 | Improvements Assessment | $411,838 CAD (2025) |
| Land Assessment | $356,000 CAD (2025) | Total Assessment | $767,839 CAD (2025) |
Property Taxes
Parcel Number
1010-502-13
Land Assessment
$356,000 CAD (2025)
Improvements Assessment
$411,838 CAD (2025)
Total Assessment
$767,839 CAD (2025)
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142 N Mountain Ave
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