1101 N Mount Vernon Ave - Freestanding FOR SALE


San Bernardino, CA 92411- La Plaza
$1,300,000 USD
909-606-1505
1101 N Mount Vernon Ave, San Bernardino, CA for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1101 N Mount Vernon Ave
San Bernardino, CA 92411
La Plaza


HIGHLIGHTS

  • Excellent Access to 210 Freeway
  • Secured Gated Parking for Tenants

OVERVIEW

Acreage Real Estate is pleased to present the exclusive opportunity to acquire the mixed-use property comprised of 3 units, including one (1) retail unit occupied by a liquor store and two (2) apartment units of 2BD/1BA each, ideally located near the intersection of Base Line St. & Mt. Vernon Ave. With excellent proximity to shopping centers and eateries directly across the street, and more within walking distance, this property will continue to attract future Tenants and ensure a continuous flow of rental income for the future. Owner. Excellent Freeway Accessiblity - only 3/4 mile to the I-215 Fwy and about 1.5 miles to the 210 Fwy. Convenient Living - walking distance to Shopping Centers, Charter school, and eateries nearby. Mixed-use - one (1) retail unit occupied by a long-term liquor store tenant, and two (2) apartment units generating a total of $80,400 annual rental income. Expense pass-throughs - Tenants pay their own utilities and maintain the grounds. Low Landlord responsibility - Landlord only pays property tax, property insurance, water/sewer/trash. Added amenity - Secure gated parking for Tenants

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use | 1 Liquor Store & 2 Apartments Uni

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,940 SF

ZONING

CG-1, San Bernardino

APN/PARCEL ID

0139-072-24

ASK ABOUT THIS PROPERTY

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

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Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.