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Two Story Commercial Building 15483 Seventh St

10,000 SF Vacant Office Building Victorville, CA 92395 $650,000 ($65/SF)

Investment Highlights

  • Ground-floor frontage of 7th Street and D Street
  • Mixed-Use Retail District

Executive Summary

10,000sqft two story commercial building zoned Old Town Specific Plan within the Mixed-Use Retail District which provides for neighborhood commercial and residential mixed-use development. Retail uses are required along the ground-floor frontage of 7th Street and D Street. Office and/or residential uses are allowed behind or above as part of a Development Plan, incorporating horizontal mixed use to the extent feasible. There is potential to demise the 2nd floor into four (4) individual residential units thus creating tremendous upside. Specialty retail uses that promote Old Town's historic Route 66 heritage are strongly encouraged. Currently the building is leased to three tenants on the ground floor and one tenant on the 2nd floor all on a month to month - current gross annual income is $38,400.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,000 SF
Building Class
C
Year Built
1925
Price
$650,000
Price Per SF
$65
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
14’
Building FAR
1.43
Land Acres
0.16 AC
Opportunity Zone
Yes
Zoning
Multi-Tenant Commercial - Multi-Tenant Commercial
Parking
15 Spaces (1.5 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0478-105-17
Land Assessment
$48,992
Improvements Assessment
$182,427
Total Assessment
$231,419
  • Listing ID: 24731523

  • Date on Market: 12/28/2021

  • Last Updated:

  • Address: 15483 Seventh St, Victorville, CA 92395

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