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214 E Olive Avenue, Redlands, CA 92373

Commercial property

214 E Olive Avenue, Redlands, CA 92373 Sold August 2023 CRMLS
$880,000Sold August 2023

Listing Agent: LYNN WHITMER (DRE #01916347) · Listing Office: CENTURY 21 LOIS LAUER REALTY · Contact: 909-748-7000 · Bought with: STACY KUNKEL · COLDWELL BANKER TOWN & COUNTRY · MLS #EV22026184 · Source: CRMLS

2,274
Building Sq Ft
11,340 sqft
Lot Size
1892
Year Built
Commercial property
Type

How this sale compares

214 E Olive Avenue sold for $880,000 in August 2023, 4.9% under its $925,000 list price, after 509 days on the market. It was first listed at $1,200,000.

509
Days on market
−4.9%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

LOCATION LOCATION LOCATION. Commercial Office space in the heart of Downtown Redlands. Magnificent Victorian with ornamental woodwork and loads of charm! Built in 1891 by Lee Wilmarth, this Victorian is a real gem and commands a perfect location in town. Excellent office space with reception area, large open central space for conference area or open work space, kitchen/break room on first floor as well as large half bath. Current owner has performed extensive restorative updates. Property has two separate HVAC systems (the main floor HVAC is newer!). $40,000 of exterior wood repair completed by current owner. Plumbing and Electrical updated. Owner installed exterior lighting, Custom window treatments (most automated), Custom stained glass windows, fresh carpet, fresh paint interior and exterior; and new landscaping. Upper floor has an exterior entrance at rear of building. The bathroom on the second story was remodeled and shower added, fresh paint, carpet and custom murals. This space is ideal for the business owner's private space. Various storage areas and small office space not photographed.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$880,000
Sold August 2023 · listed $925,000, orig. $1,200,000, on market February 2022, 509 days on market · MLS #EV22026184 · Source: CRMLS
Listing Agent: LYNN WHITMER · Listing Office: CENTURY 21 LOIS LAUER REALTY · Contact: 909-748-7000 · Bought with: STACY KUNKEL · COLDWELL BANKER TOWN & COUNTRY
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