25598 Baseline Street , San Bernardino, CA 92410
San Bernardino, CA 92410
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.
Details
| MLS | OC24181102 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 36 |
| Listing Provided By | First Team Real Estate 949-759-5747 | John Gessford |
Features
| SQ Feet | 11,253 |
|---|---|
| Story(s) | 1 |
| Building(s) | 3 |
| Acreage | 1.26 |
Market Activity 92410
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92410 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92410) | |
Price: $2,000,000 low | high Med: $429,900 SqFt: 11,253 low | high Med: 1,280 $ / SqFt: $178 low | high Med: $336 On Site: 36 low | high Med: 130.000000 | |