$2,000,000
25598 Baseline ST San Bernardino, CA 92410
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,000,000
Est. payment /mo
11,253 SqFt
UPDATED:
09/30/2024 06:28 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,253 sqft
Price per Sqft $177
MLS Listing ID OC24181102
HOA Y/N No
Lot Size 1.260 Acres
Property Description
This is a rare opportunity to own prime real estate on Baseline Street with multiple tenants boasting a sprawling lot that spans multiple parcels, offering endless potential for significantly higher rental income. All Feed & Tack (Tenant) has been there for 37 years and overtime spread their business expanded onto the parking however they are NOT paying for this extra space and currently on a Month to Month lease. This creates a perfect opportunity for the Buyer to give this tenant a lease with a commensurate rental increase. All the tenants (except for the restaurant) are month to month and paying below market rent. We feel the "Stabilized Rent" is a conservative forecast on the potential for higher rental income. Request the property website link to download the offering memorandum that has all the details.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre, Flat
Story 1
Water Public
Others
Tax ID 0273253130000
Special Listing Condition Standard
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Listed by John Gessford • First Team Real Estate • 949-278-6645
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