432 W Highland Avenue

  • San Bernardino

  • $493,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Opportunity of A lifetime!!! One building with 2 Units. Each unit is Approximately 2000 sqft. Currently Liberty Tax is renting for $1270.00 per month with 3 years remaining. The second unit is occupied by current owner as a church and is collecting $1270.00 in rents. Keep it as a church and benefit with current parishioners. Lease to new business and collect additional rents. Another option would be to occupy second unit with your own business. Many opportunities, such as the large billboard on top of building owned by Clear Channel. The billboard is a 20 year agreement with 13 years remaining. The current rents being collected for billboard is $625.00 per month. This amount will increase in the year 2021 by $1000 for the year. Every 5 years thereafter rents will increase by $1000.00 for the year and repeat the cycle every 5 years. This is A GoldMine, the billboard is approx. 14' h x 48' w in size. Second unit was renovated to meet city guidelines. New bathrooms to accommodate handicapped regulations and handicap elevator. You must see for yourself to appreciate the renovations. Address for both units is 432-434 W Highland Avenue.
Essential
MLS #IG18212616
Price Per SqFt$117.38
Sub-TypeBusiness
CountySan Bernardino
StateCA
Area274 - San Bernardino
StatusActive
Sale TypeStandard
Number Of Units2
Number Of Buildings1
Building StatusExisting
Land UseOffice,Other,Retail
Listing BrokerageIntero Real Estate Services
Listing AgentBernard Cervantes
Listing Agent BRE #01905903
Co-Listing AgentFernando Spindola
Co-Listing Agent BRE #01745219

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 6, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.