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517 E Redlands Boulevard, Redlands, CA 92373

Commercial property

517 E Redlands Boulevard, Redlands, CA 92373 Sold May 2023 CRMLS
$860,000Sold May 2023

Listing Agent: BRAD FREEMAN (DRE #01329426) · Listing Office: FREEMAN & ASSOCIATES · Contact: 661-201-7868 · Bought with: BRAD FREEMAN · FREEMAN & ASSOCIATES · MLS #EV22250757 · Source: CRMLS

1,118
Building Sq Ft
8,260 sqft
Lot Size
VG
Zoning
Commercial property
Type

About this commercial property

The property sits along a busy corridor on Redlands Blvd at E State Street, at the huge crosswalk. The immediate area is home to businesses like Yum Donuts, Cuca’s, McDonalds, Del Taco, the Taco Shack, and AM/PM. This longstanding Redlands auto repair and sales includes the real estate and the business, or just the real estate only if you desire. This hard-to-find, well-established location is highly desirable and includes a recently remodeled office. The property is ultra visible with lots of nearby marketing opportunities. There is excellent monument signage with great visibility located at NE corner of property. The business enjoys many years of great reviews and goodwill, a good customer list, an automated website with email feedback capability and much more. The zoning has recently changed to City of Redlands VG Village General (buyer to verify). The buyer does NOT have to run an auto business, but can if they choose to. The seller may consider a short-term sale leaseback. Also, one lender says you may be able to buy this property with only $88,000 down payment + fees if you qualify for their program.

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

Sale history

$860,000
Sold May 2023 · listed $880,000, orig. $890,000, on market December 2022 · MLS #EV22250757 · Source: CRMLS
Listing Agent: BRAD FREEMAN · Listing Office: FREEMAN & ASSOCIATES · Contact: 661-201-7868 · Bought with: BRAD FREEMAN · FREEMAN & ASSOCIATES
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