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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.
Last Updated | 9/29/2024 | Community | San Bernardino |
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County | San Bernardino |
Price History
Prior to Aug 31, '24 | $200,000 |
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Aug 31, '24 - Today | $2,000,000 |
Additional Details
AREA | San Bernardino |
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LOT | 1.26 acre(s) |
LOT DESCRIPTION | 2-5 Units/Acre, Flat |
STORIES | 1 |
WATER | Public |
Location
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