431 W Highland Avenue

San Bernardino, CA 92405

PRICE REDUCED

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-$47,000 (-5.24%)

$850,000

List Price

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1935

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Property Description

Over $300,000 renovations in the recent years! Reinforced Roof, Newer Fire Sprinkler System, Newer Electrical System and Newer A/C. This is a stunning investment opportunity located on the major street in the city of San Bernardino. This building can be used for a variety of Commercial/Industrial/Retail Business. The property itself is in a great condition with good rental income, low maintenance and great upside on rents as well. The current tenant is using it for Social Community Services, Dance Studio and Food Services. Rent is $6,000/Month with Landlord paying the Property Tax and Building Insurance. The lease will expire on 09/01/2025. Great Potential!!! Bring your imagination and it will be yours!!!

Listing Information

List Price $850,000
Status Active
MLS CV24070331
Type Commercial
Subtype Retail
Year Built 1935
Lot Size 7,500
Structure Size N/A
DOM 150
Courtesy Of RE/MAX CHAMPIONS
Listing Agent Jing Chen DRE#01911286

Interior Features

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Maps

Listing information courtesy of: Jing Chen, RE/MAX CHAMPIONS . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 6th, 2024 at 5:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.