Located on the highly traveled East Yermo Road, this sale includes 4 total parcels: 0538-063-07 / 08 / 09 & 10; 0.76 Total Acres with 2 separate buildings for a total; of 5,350 Sq. Ft. Parcel 10: has a metal building that is 2,700 Sq. Ft. with an open space floor plan, a tall roll up door and a small fenced yard. The main building is 2,650 Sq. Ft. with a spacious garage, room for storage, 2 roll up doors, a large office space with a restroom inside and outside. The total Lot Dimensions are estimated at 241 Ft. x 141 Ft. Surrounded by residential property and other commercial businesses; this property has a consistent traffic flow. Located 0.36 miles southwest of the Interstate 15 on/off ramp which has a traffic flow of 42,000 vehicles passing by this location daily. This property is perfect for a mechanic shop, tow yard, storage and several other commercial uses. The property located across the street has plans to restore the existing structure and build a storage yard. The property is currently leased at $1632 per month for the next couples years with a small option to extend. This gives you an 8.42% cap rate based upon the purchase price. Buyer to verify all figures to make sure this investment works for them.
Type & Style
- Property type:Purchase
- Year built:1950
Utilities / Energy Details
- Utility source:Public
Community and Neighborhood Details
- County:San Bernardino
- Original List Price:$220, 000
- MLS #:524417
- Buyer Agency Compensation:4.000
- Annual Taxes:$352
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Last Updated: . Source: CRMLS
Listing Agent: James Langley (#HD12324)
Listing Office: Rigel Capital (#HD8184)
Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!