218 E Citrus Ave - Storefront FOR SALE


Redlands, CA 92373- South Redlands
$1,439,000 USD
909-809-8181
218 E Citrus Ave, Redlands, CA for Sale
$1,439,000 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

218 E Citrus Ave
Redlands, CA 92373
South Redlands


HIGHLIGHTS

  • Highly Navigated Vehicle and Foot Traffic
  • Portfolio Sale with two Retail Assets - Can be purchased separately; Two separate parcel numbers -Combined Buildings +/-6,845 sf.
  • Located between 2 major freeways - I-10 and I-210 - Centrally Located between Los Angeles and Palm Springs
  • Properties will be delivered vacant at Close of Escrow.

OVERVIEW

This prime commercial real estate is located in the Downtown Business District; both buildings have housed one of Southern California's most coveted fine gift boutiques. Our portfolio sale includes side-by-side buildings spanning over +/- 6,845 sf. (218 E. Citrus Avenue +/- 4,745 sf. and 240 E. Citrus Avenue+/-2,100 sf.), offering versatility, flexibility & convenience situated in a bustling location with high foot & vehicle traffic. If needed to be sold separately to accommodate specific OWNER/USER or INVESTOR requirements, not only are these recognizable structures located in a desirable location, but also caters to a dense affluent demographic. With over 144,000 people in the vicinity, the average household income surpasses $115,000 annually. Own a timeless piece of history, while establishing your own legendary landmark! NOTE: Business is NOT for sale

FOR SALE DETAILS

PRICE

$1,439,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Loft/Creative Space, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,280 SF

ZONING

C-3, Redlands

APN/PARCEL ID

0171-281-05

ASK ABOUT THIS PROPERTY

Jeff DillInland Core CommercialMore Info
909-809-8181

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Jeff DillInland Core CommercialMore Info
909-809-8181

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