148 E Baseline St - Auto Dealership FOR SALE


San Bernardino, CA 92410- Downtown San Bernardino
$1,500,000 USD
714-323-8080
148 E Baseline St, San Bernardino, CA for Sale
$1,500,000 USD
Auto Dealership - FOR SALE
1/11
null | 5.6% Cap Rate

148 E Baseline St
San Bernardino, CA 92410
Downtown San Bernardino


OVERVIEW

Owner use or Investment Opportunity located in city of San Bernardino Commercial zoning. It was a truck repair shop long time ago. Property has two units (“A” and “B”). Total property size is 7,000SF and lots 24,800SF. Unit “A” is 3,000 SF and will be vacant by the end of April 2025. It is currently occupied by an Auto dealer, and the rent is $3,271.50 plus the CAM charge of $630. Unit “B” is 4,000SF for Tire shop with the rent $3,741.50 plus CAM charge $840 that was recently signed the new lease agreement for 5 years with two 5 years option. Annually fixed 4% increase. Tenant is responsible for all utilities bills and all maintenance of lease potion of building. Owner pays $13,280 for the property tax 2024.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

Retail Auto Dealer

APN/PARCEL ID

0146-231-29

ASK ABOUT THIS PROPERTY

Kee NamRedpoint RealtyMore Info
714-323-8080

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

Kee NamRedpoint RealtyMore Info
714-323-8080

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