Redevelopment Opportunity 1605 E Base Line St

1605 E Base Line St , San Bernardino, California, 92410 | 600 sq.f | $ 5,700,000

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About This Restaurant

Investment Highlights

Corner Parcels with Ingress and Egress from both Baseline St. and Del Rosa Drive. Rapid Growth with New Development in the City. Logistically Positioned with Quick Access to and from the 215 Fwy, 210 Fwy and 210 Fwy Loop in Highland. Heavy Daytime Traffic Artery.

Executive Summary

Offered for sale is a Prime 3.12 Acre investment opportunity at the signalized corner of Del Rosa Drive and Base Line Street in San Bernardino, CA. The offering consists of (4) parcels. The current Use Code is Vehicle Rentals and Sales, (Auto, Truck, RV and Boat Storage) however, new development is the highest and best use based on the Commercial Heavy Zoning. Situated in the central portion of the city and just minutes away from the San Bernardino International Airport.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    1031 Exchange 1031 Exchange Redevelopment Project 1031 Exchange
  • Property Type    Retail
  • Property Subtype    Auto Dealership Auto Dealership General Retail Auto Repair General Retail Restaurant General Retail Service Station Auto Dealership
  • Building Size    600
  • Building Class    C
  • Year Built    1988
  • Price    5,700,000
  • Price Per SF    9,500
  • Percent Leased    100
  • Building Height    1 Story
  • Land Acres    3.22 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Bus Line
  • Corner Lot
  • Fenced Lot
  • Signalized Intersection
  • Storage Space

Property Taxes

Parcel Number 0278-081-26 0278-081-19 0278-081-25 0278-081-21 Improvements Assessment $2,071,592
Land Assessment $72,141 Total Assessment $2,143,733
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 1605 E Base Line St , San Bernardino, California, 92410