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431 W Highland Avenue, San Bernardino, CA 92405

Commercial property

431 W Highland Avenue, San Bernardino, CA 92405 Sold December 2024 CRMLS
$850,000Sold December 2024

Listing Agent: Jing Chen (DRE #01911286) · Listing Office: RE/MAX CHAMPIONS · Contact: 626-576-8811 · Bought with: LIV CAMACHO · MICHAEL HAYES, BROKER · MLS #CV24070331 · Source: CRMLS

6,500
Building Sq Ft
6.50%
Cap Rate
7,500 sqft
Lot Size
1935
Year Built
Commercial property
Type

About this commercial property

Over $300,000 renovations in the recent years! Reinforced Roof, Newer Fire Sprinkler System, Newer Electrical System and Newer A/C. This is a stunning investment opportunity located on the major street in the city of San Bernardino. This building can be used for a variety of Commercial/Industrial/Retail Business. The property itself is in a great condition with good rental income, low maintenance and great upside on rents as well. The current tenant is using it for Social Community Services, Dance Studio and Food Services. Rent is $6,000/Month with Landlord paying the Property Tax and Building Insurance. The lease will expire on 09/01/2025. Great Potential!!! Bring your imagination and it will be yours!!!

Listing description from the December 2024 sale, as reported to CRMLS.

Sale history

$850,000
Sold December 2024 · orig. $897,000, on market April 2024 · MLS #CV24070331 · Source: CRMLS
Listing Agent: Jing Chen · Listing Office: RE/MAX CHAMPIONS · Contact: 626-576-8811 · Bought with: LIV CAMACHO · MICHAEL HAYES, BROKER
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