6979 Palm Ave - Freestanding FOR SALE


Highland, CA 92346- Highland Historical District
$1,499,000 USD
909-606-1512
6979 Palm Ave, Highland, CA for Sale
$1,499,000 USD
Freestanding - FOR SALE
1/27
null | Request Cap Rate


HIGHLIGHTS

  • Conveniently located near the 210 FWY and CA-330 FWY
  • 2 miles from Yaamava Resort & Casino

OVERVIEW

Ideal Owner/User - Income Generating Investment - Development Opportunity in the expanding city of Highland. The sale consists of the three following properties APN: 1200-351-06-0000(6979 Palm Ave.) which includes a Church building of approximately 6,820 square feet on approximately 20,000 square feet lot size. This includes a large sanctuary with high ceilings & wood beams, multiple classrooms, kitchenette, fellowship hall, and large open grounds to create a community playground or garden. It's currently rental income. There are two Tenants paying a total of $7,184.00 per month. Approximately 3,735 square feet will be available for immediate occupancy within 6 months. APN: 1200-361-01-0000 is approximately 7,350 square feet of land, APN: 1200-361-28-0000(27320 Fisher St.) is approximately 8,402 square feet of land. The subject property is conveniently located near the 210 FWY that travels East/ West and CA-330 FWY that travels north into Big Bear. Additionally, this property is less than 2 miles from Yaamava Resort & Casino. The site is only 45 minutes from Palm Springs. The property is located near a busy retail corridor of Palm Avenue and Base Line Street.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

C2

APN/PARCEL ID

1200-351-06

ASK ABOUT THIS PROPERTY

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1512

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Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1512

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