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$650,000
Est. payment /mo
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 541923
HOA Y/N No
Year Built 1952
Lot Size 6,969 Sqft
Property Sub-Type Retail
Property Description
10,000sqft two story commercial building zoned Old Town Specific Plan within the Mixed-Use Retail District which provides for neighborhood commercial and residential mixed-use development. Retail uses are required along the ground-floor frontage of 7th Street and D Street. Office and/or residential uses are allowed behind or above as part of a Development Plan, incorporating horizontal mixed use to the extent feasible. There is potential to demise the 2nd floor into four (4) individual residential units thus creating tremendous upside. Specialty retail uses that promote Old Town's historic Route 66 heritage are strongly encouraged. Currently the building has one first floor vacancy of ±900 – the other two first floor suites are leased month-to-month. One tenant leases the entire 2nd Floor and is month-to-month as well. Current gross annual income is $38,400.
Location
State CA
County San Bernardino
Zoning Commercial
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Sewer Available, Sewer Connected
Roof Type Flat
Total Parking Spaces 15
Building
Story 2
Water Public
Others
Tax ID 0478105170000
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
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Listed by Ryan Travis • Kursch Group, Inc. • rtravis@kurschgroup.com
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