233 E State St - Storefront Retail/Office FOR SALE


Redlands, CA 92373- Downtown Redlands
$3,225,000 USD
909-709-3781
233 E State St, Redlands, CA for Sale
$3,225,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 5.04% Cap Rate

233 E State St
Redlands, CA 92373
Downtown Redlands


HIGHLIGHTS

  • Established Tenant History: Diverse mix of “Amazon proof” businesses.
  • Strong Market: Downtown Redlands is a vibrant and growing market with consistent demand for commercial space.
  • Prime Corner Location: High foot traffic with convenient access ensure long-term value.
  • Attractive Cap Rate: The 5.04% cap rate offers a competitive return on investment.

OVERVIEW

Strategically positioned in the heart of Redlands, Patio Shops is a prime location for businesses. With high visibility and easy access, this well-maintained property offers a diverse “amazon proof” tenant mix and a history of strong rental income.

FOR SALE DETAILS

PRICE

$3,225,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

5.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Retail, Office, Special

APN/PARCEL ID

0171-071-12

ASK ABOUT THIS PROPERTY

Nathan DionesRegioncy Real EstateMore Info
909-709-3781

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Nathan DionesRegioncy Real EstateMore Info
909-709-3781

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