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Auto Repair/Warehouse with Gated Paved Yard 208-210 E State St 2,428 SF 100% Leased Industrial Building Ontario, CA 91761 $735,000 ($302.72/SF)

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INVESTMENT HIGHLIGHTS

Auto Repair
Outdoor Storage

Auto Dealer

EXECUTIVE SUMMARY

Seller plans to improve property: New Paint (interior and exterior), (2) New Bathrooms, New Air Conditioning, (4) New Garage Doors, Electrical work, and Clean up.
2,428 SF Industrial Property on 6,534 SF private yard. (2) Two-unit automotive building with 4 garage bays and space for an outside auto lift.

208 & 210 State St. Ontario OM 4.22.25

FINANCIAL SUMMARY (PRO FORMA - 2025)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$4,300	$1.77
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$4,300	$1.77
Net Operating Income	-	-

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual	$4,300
Annual Per SF	$1.77

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$4,300
Annual Per SF	$1.77

Net Operating Income
Annual	-
Annual Per SF	-

PROPERTY FACTS

Price	$735,000	Rentable Building Area	2,428 SF
Price Per SF	$302.72	No. Stories	1
Sale Type	Investment or Owner User	Year Built/Renovated	1974/2018
Sale Condition	1031 Exchange	Parking Ratio	4.12/1,000 SF
Property Type	Industrial	Clear Ceiling Height	10’
Property Subtype	Service General Retail Auto Dealership General Retail Auto Repair Industrial Manufacturing	No. Drive In / Grade-Level Doors	5
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.15 AC
Zoning	Auto Repair - Light Industrial, Auto Allowed

Price	$735,000
Price Per SF	$302.72
Sale Type	Investment or Owner User
Sale Condition	1031 Exchange
Property Type	Industrial
Property Subtype	Service General Retail Auto Dealership General Retail Auto Repair Industrial Manufacturing
Building Class	C
Lot Size	0.15 AC
Rentable Building Area	2,428 SF
No. Stories	1
Year Built/Renovated	1974/2018
Parking Ratio	4.12/1,000 SF
Clear Ceiling Height	10’
No. Drive In / Grade-Level Doors	5
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Auto Repair - Light Industrial, Auto Allowed

Fenced Lot

Lighting
Gas
Water
Sewer
Heating

MAJOR TENANTS

Jet IV Holdings LLC
Management of Companies and Enterprises
-
-
-

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF			LEASE END
Jet IV Holdings LLC	Management of Companies and Enterprises	-	-			-

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PROPERTY TAXES

Parcel Numbers	Multiple 1049-243-02 0171-131-33	Improvements Assessment	$1,915,617 (2024)
Land Assessment	$351,513 (2024)	Total Assessment	$2,267,130 (2024)

PROPERTY TAXES

Parcel Numbers

Multiple

1049-243-02
0171-131-33

Land Assessment

$351,513 (2024)

Improvements Assessment

$1,915,617 (2024)

Total Assessment

$2,267,130 (2024)

(909) 579-1398

CONTACT

Jerry Tomeo
MGR Real Estate

Listing ID: 35349500
Date on Market: 4/2/2025
Last Updated:
Address: 208-210 E State St, Ontario, CA 91761

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208-210 E State St, Ontario, CA for sale Building Photo- Image 1 of 10 — 20250401_120549

208-210 E State St, Ontario, CA for sale Building Photo- Image 2 of 10 — 20170510_180932

208-210 E State St, Ontario, CA for sale Building Photo- Image 3 of 10 — 20170510_180936

208-210 E State St, Ontario, CA for sale Building Photo- Image 4 of 10 — 20170510_180941

208-210 E State St, Ontario, CA for sale Building Photo- Image 5 of 10 — 20170510_180944

208-210 E State St, Ontario, CA for sale Building Photo- Image 6 of 10 — 20170510_181132

208-210 E State St, Ontario, CA for sale Building Photo- Image 7 of 10 — 20250401_120539

208-210 E State St, Ontario, CA for sale Plat Map- Image 8 of 10 — Plat Map

208-210 E State St, Ontario, CA for sale Building Photo- Image 9 of 10 — Building Photo

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