2176 N Mount Vernon Ave - Hospitality FOR SALE


San Bernardino, CA 92411- Roosevelt
$550,000 USD
909-980-6868
2176 N Mount Vernon Ave, San Bernardino, CA for Sale
$550,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

2176 N Mount Vernon Ave
San Bernardino, CA 92411
Roosevelt


HIGHLIGHTS

  • Value Add Opportunity
  • Available Pole Signage
  • 12 - Rooms, plus 1,700 sq.ft. Lobby/Bar Area
  • Near California State University, San Bernardino (CSUSB)
  • Located on the Historic Route 66, with easy access to the I-215 Freeway and close the I15 Freeway

OVERVIEW

Situated along the iconic Historic Route?66, this ±5,500 sq.ft. property offers a compelling opportunity for investors and developers seeking a highly visible site with exceptional accessibility and long-term potential. The existing structure includes 12 rooms and an expansive ±1,700 sq.ft. lobby/bar area, creating a flexible layout suitable for a wide range of redevelopment concepts. Positioned on an ±11,400 sq.ft. (±0.26-acre) lot, the site benefits from strong signage visibility and consistent traffic exposure. Zoned Commercial General (CG-1) per the City of San Bernardino, the property supports a broad mix of commercial uses and is strategically situated near the I-215 Freeway, numerous amenities, and within 4 miles of California State University, San Bernardino (CSUSB). This asset is being marketed strictly as a rehabilitation project. The building is not operational and is not suitable for occupancy or use in its current condition. The property does not generate income, and no income stream exists unless and until substantial rehabilitation, redevelopment, renovation, or repositioning is completed. Buyers must conduct their own due diligence and underwrite the property accordingly.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

12

PRICE/ROOM

$45,833 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2176 N. Mount Vernon Ave., San Bernardino, CA

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,400 SF

ZONING

Commercial General – 1

APN/PARCEL ID

0143-023-11

ASK ABOUT THIS PROPERTY

Rene Ramos, Jr.KW Commercial- Inland EmpireMore Info
909-980-6868

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Rene Ramos, Jr.KW Commercial- Inland EmpireMore Info
909-980-6868

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