352 W Highland Ave
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352 W Highland Ave
2,340 SF Retail Building San Bernardino, CA 92405 $480,000 ($205/SF)
Investment Highlights
- Heavy major street
- Standalone
- Open floor plan
Executive Summary
Nestled in the heart of San Bernardino, this standalone building is ideal for those looking for an investment property. The property is conveniently located on a major high traffic area, with easy access to the 210 and 215 freeway. There are two separate buildings totaling 2,340 sq ft on a lot size of 15,000 sq ft. with gated front and back, and plenty of parking spaces available. First building is approx 624 sq ft, and the other one 1,716 sq ft.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$4,000
|
$1.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,000
|
$1.71
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $1.71 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $1.71 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,340 SF
Building Class
C
Year Built
1950
Price
$480,000
Price Per SF
$205
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.17 AC
Zoning
Retail/Office
Parking
8 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
61 FT on W Highland Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $290,034 | |
| Land Assessment | $133,862 | Total Assessment | $423,896 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$133,862
Improvements Assessment
$290,034
Total Assessment
$423,896
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Trust Properties, USA
352 W Highland Ave
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