Price Reduced Listing
$550,000
( $137.81Per Sq Foot )
$3,659 est/mo Sourced by Back At You12012 12020 Air , Adelanto, CA 92301
Adelanto, CA 92301
Description
Great retail strip center in the heart of Adelanto area! The property includes five fully leased units generating a steady rent roll of $3,300 per month. this investment offers below-market rents, providing room for future rent increases (higher CAP rate) and property value appreciation. Newly Paved w ADA approval. Roof sealed recently! Great Investment Opportunity! In addition to the strip center, there are four land parcels being sold. Combined sold for $700,000!
Details
| MLS | CV24138873 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 67 |
| Listing Provided By | REALTY MASTERS & ASSOCIATES 909-993-5710 | Rachel Kim |
Features
| SQ Feet | 3,991 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.43 |
Market Activity 92301
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $550,000 low | high Med: $390,000 SqFt: 3,991 low | high Med: 1,400 $ / SqFt: $138 low | high Med: $279 On Site: 67 low | high Med: 4 | |
Listing Updated: September 14, 2024 at 5:22:29 AM PDT