222 E Main St | Barstow, CA 92311
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222 E Main St
Barstow, CA 92311
Great Upside Potential - 43% Occupancy · Office Property For Sale
Investment Highlights
- HUGE UPSIDE POTENTIAL - 43% Occupied
- Great Mix of Tenants
Executive Summary
Excellent Investment Opportunity!!! FOR SALE - ± 36,850 sf - Two-Story - 33 Unit – Garden Style Office Building - The Mercado Building is located in the heart of Barstow, CA at 222 E. Main St. This is very well kept with a great mix of tenants; Victor Community Support Services, Inc., Aegis Treatment Centers, Department of Transportation, Lighthouse Counseling and other great office use tenants. There is huge upside potential with this property, currently only 43% occupied.
Barstow is a business-friendly city with dedication towards future growth and economic development. Barstow is the future home of the ± 4,500 Acre Burlington Northern Santa Fe (BNSF) Rail Facilities known as the Barstow International Gateway. The project will act as an inland port facility, shipping containers from the Ports of Los Angeles and Long Beach for sorting and staging. BNSF Railroad will be investing approx. $1.5 billion and this project estimates the creation of nearly 20,000 jobs for the Barstow area.
This is a fantastic opportunity, call now for more details.
Barstow is a business-friendly city with dedication towards future growth and economic development. Barstow is the future home of the ± 4,500 Acre Burlington Northern Santa Fe (BNSF) Rail Facilities known as the Barstow International Gateway. The project will act as an inland port facility, shipping containers from the Ports of Los Angeles and Long Beach for sorting and staging. BNSF Railroad will be investing approx. $1.5 billion and this project estimates the creation of nearly 20,000 jobs for the Barstow area.
This is a fantastic opportunity, call now for more details.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
36,850 SF
Building Class
B
Year Built
1985
Price
$2,250,000
Price Per SF
$61
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,425 SF
Slab To Slab
11’
Building FAR
1.00
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Parking
38 Spaces (1.03 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Outdoor Seating
PROPERTY TAXES
| Parcel Number | 0181-101-50 | Improvements Assessment | $1,768,715 |
| Land Assessment | $128,228 | Total Assessment | $1,896,943 |
PROPERTY TAXES
Parcel Number
0181-101-50
Land Assessment
$128,228
Improvements Assessment
$1,768,715
Total Assessment
$1,896,943
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