431 W Highland Avenue San Bernardino, CA ^$ 897,000

431 W Highland Avenue

^$ 897,000

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431 W Highland Avenue

San Bernardino, CA, 92405

^$ 897,000

Studio Baths0.0 Sq 6,500

Monthly Estimate*

^$ 6,266

Listed by RE/MAX CHAMPIONS

431 W Highland Avenue, San Bernardino, CA 92405 - Image 1

431 W Highland Avenue, San Bernardino, CA 92405 - Image 2

431 W Highland Avenue, San Bernardino, CA 92405 - Image 3

431 W Highland Avenue, San Bernardino, CA 92405 - Image 4

431 W Highland Avenue, San Bernardino, CA 92405 - Image 5

431 W Highland Avenue, San Bernardino, CA 92405 - Image 6

431 W Highland Avenue, San Bernardino, CA 92405 - Image 7

431 W Highland Avenue, San Bernardino, CA 92405 - Image 8

431 W Highland Avenue, San Bernardino, CA 92405 - Image 9

431 W Highland Avenue, San Bernardino, CA 92405 - Image 10

Studio

Commercial Property for sale in San Bernardino, CA

for $897,000. This 6,500 square foot building was built in 1935 on a lot size of 0.1722.

Over $300,000 renovations in the recent years! Reinforced Roof, Newer Fire Sprinkler System, Newer Electrical System and Newer A/C. This is a stunning investment opportunity located on the major street in the city of San Bernardino. This building can be used for a variety of Commercial/Industrial/Retail Business. The property itself is in a great condition with good rental income, low maintenance and great upside on rents as well. The current tenant is using it for Social Community Services, Dance Studio and Food Services. Rent is $6,000/Month with Landlord paying the Property Tax and Building Insurance. The lease will expire on 09/01/2025. Great Potential!!! Bring your imagination and it will be yours!!!

Commercial Active

Price

^$ 897,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,190

Style

Retail

Lot Size

0.1722

Year Built

1935

Town/City

San Bernardino

County/Region

San Bernardino

MLS | Web ID

CV24070331

Days on Market

Features

General

Utilities ElectricityConnected PhoneConnected SewerConnected WaterConnected

Year Built 1935

Property SubType Retail

Business Type Appliances Accounting ArtsandEntertainment AdultFamilyHome AdministrativeandSupport AquariumSupplies Advertising Cabinets Commercial Computer ConvenienceStore CarpetTile Distribution EducationSchool

County San Bernardino

Insurance Expense 7000.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions CA-210 E Take Exit 75 for H St.

City San Bernardino

View Y/N N

Senior Community Y/N N

MLS Area 274 - San Bernardino

Lot Size Square Feet 7500.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Highland

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 9190.31

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 9

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Retail

Exterior

Lot Features BackYard Paved

Water Source Public

Lot Size Area 7500.0

Spa N

Building Area Total 6500.0

Lot Size Acres 0.1722

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 431

* Excluded Features

List By

Re/Max Champions

Broker

(909) 949-0605

Phone

Affordability Calculator

$7,032

Per Month

Monthly Principal & Interest: $6,266
Monthly Property Taxes: $766
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in San Bernardino, CA

Average List Price ^$1,418,864

Percent of Sale Price 58%

About San Bernardino, CA

217,363 Population

16% Since 2002

^$39,988 Median Income

31.34 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$897,000		Listed Price

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431 W Highland Avenue, San Bernardino, CA, 92405 is a Commercial Property for sale at $897,000 with 6,500 sqft and a lot size of 0.1722. 431 W Highland Avenue is a studio with 0.0 baths and was built in 1935. The property's zip code is 92405 which is in San Bernardino, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/10/2024. 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.

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431 W Highland Avenue

Commercial Property for sale in San Bernardino, CA

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