376 N D St

3,913 SF Retail Building San Bernardino, CA 92401 $460,000 ($117.56/SF) 13% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prime Downtown San Bernardino investment opportunity
  • Highly Secure. Gated and featuring metal roll up doors and windows.
  • Zoning (CR2) allows a variety of commercial uses.
  • Secure, versatile property with flexible floor plan.
  • Large showroom, private offices, and display windows.
  • Building undergoing renovations, ideal for repurposing. Functional structure, perfect for investor customization.

EXECUTIVE SUMMARY

Prime Downtown San Bernardino Investment Opportunity. Offered for sale, the former San Bernardino Pawn Shop and Loans building presents an exceptional opportunity for investors, business owners, and developers seeking a strategically located, high-potential asset in the heart of the city's bustling downtown district. This secure, versatile property sits on a 44x120 lot, with a spacious building offering a flexible floor plan that is well-suited for a wide array of uses. The property is fully gated and features roll-up metal walls on most front windows, ensuring a high level of security and privacy. The expansive interior includes a large showroom with street access, multiple private offices, sizable display windows, an impressive street-facing sign, and two bathrooms. Additional amenities include a utility room, a dark room, storage rooms, reception area, kitchen, and upstairs offices, as well as adaptable living and storage spaces. Perfectly situated on a busy, tree-lined street, the property is ideally positioned to cater to a range of commercial ventures, including offices, retail spaces, restaurants, clubs, medical offices, dispensaries, educational facilities, and more. The zoning (CR2) allows for a broad spectrum of regional-serving uses in the downtown area, making it an excellent choice for repurposing and redevelopment. This is an outstanding opportunity to reposition a well-located asset with tremendous upside potential. While the building is currently undergoing renovations, it has been thoughtfully designed to accommodate a variety of business needs. The existing structure provides an ideal canvas for an owner to take over the project and complete the improvements, adding further value to this prime real estate. Building is fully functional and operational and may benefit from cosmetic upgrades and some repairs. ***Disclaimer: Please note, the property was previously under renovation and, as such, certain alterations, including the addition of partition walls and doors, may not be reflected in the current photos. The building’s renovation is an ideal opportunity for an investor to complete the project to their specifications, bringing the space to its full potential and complying with all city requirements. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,913 SF
Year Built/Renovated
1940/2000
Price
$460,000
Price Per SF
$117.56
Cap Rate
13%
NOI
$59,800
Tenancy
Single
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
CR2 - This zone is intended to permit a diversity of regional-serving uses in the Downtown area. Please see attached Documents with List of Permitted Uses.
Parking
4 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
44’ on D St

AMENITIES

  • Security System
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Curves
Bank of America
Chase Bank
Food 4 Less
Starbucks
Checkers Insurance
Sunstate Equipment Co.
United Rentals-aerial Equipment
Alberto's Mexican Food
Superior Grocers

PROPERTY TAXES

  • Listing ID: 34540718

  • Date on Market: 1/19/2025

  • Last Updated:

  • Address: 376 N D St, San Bernardino, CA 92401