1840 Mentone Blvd - Storefront Retail/Residential FOR SALE


Mentone, CA 92359
$747,800 USD
714-814-2088
1840 Mentone Blvd, Mentone, CA for Sale
$747,800 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 6.48% Cap Rate

1840 Mentone Blvd
Mentone, CA 92359


HIGHLIGHTS

  • ProForma CAP Rate of 6.48% With a ProForma GRM of 11.42. Current CAP Rate of 5.67%.
  • Dual Income Streams – Fully operational liquor and market alongside a detached residential unit.
  • Recent Capital Improvements – Property features new roofs and septic system.
  • Prime Location along Highway 38 with great frontage.
  • Built-in Rent Growth – Liquor store tenant has 18 months remaining on lease with 5% annual rent escalations

OVERVIEW

This o?ering presents an exceptional opportunity to acquire the Mentone Liquor & Market, a mixed-use property located at 1840 Mentone Blvd in Mentone, California. The property consists of a 1,707 SF retail liquor/market building and a detached 560 SF two-bedroom, one-bathroom single-family residence situated on a 9,583 SF lot. Priced at $747,800, the property delivers a 5.67% capitalization rate on current income, supported by a stable tenant base and long-standing community presence. Its strategic location along the high-visibility Mentone Blvd corridor o?ers consistent customer tra?c and excellent frontage, while the inclusion of a residential unit provides additional income diversification. With its combination of retail and residential components, strong in-place returns, and position in the growing Inland Empire submarket, this property represents a rare and compelling investment opportunity.

FOR SALE DETAILS

PRICE

$747,800 USD

PRICE/SF

$330 USD /SF

CAP RATE

6.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CG-SCP

APN/PARCEL ID

0298-101-37

ASK ABOUT THIS PROPERTY

Albert LeLe Investment GroupMore Info
714-814-2088

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Albert LeLe Investment GroupMore Info
714-814-2088

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