Shell | 847 W Highland Ave
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Shell 847 W Highland Ave
2,968 SF 100% Leased Retail Building San Bernardino, CA 92405 $5,999,999 ($2,022/SF) 7% Cap Rate
Executive Summary
**Bridge Realty Inc.** presents a Shell gas station for sale in a prime San Bernardino, California location. Strategically situated off a freeway ramp, this high-visibility station is located on one of the busiest streets in San Bernardino. It is surrounded by a dense residential community with strong demographics, contributing to a daily traffic count of over 30,000 vehicles.
This attractive gas station sits on approximately 22,468 sq. ft. of commercial-zoned land, with the service station itself covering around 1,200 sq. ft. The property includes an attached mechanic shop and a smog check facility that generates about $3,000 in monthly rent. The station is equipped with four EMV pumps, a 12,000-gallon double-wall underground tank, and a 2,000-gallon double-wall tank. Additionally, there are extra storage spaces on-site that could be converted into a store for additional income, with the potential to operate 24/7.
The site is exclusively listed for sale, with ownership offering the option to deliver the station unbranded at the close of escrow. A new plan has been submitted to the city for approval, which includes:
- Building a brand-new car wash
- Expanding the C-store to 5,000 sq. ft.
- Adding two more dispensers, totaling 6 EMV pumps and 12 fueling positions
This attractive gas station sits on approximately 22,468 sq. ft. of commercial-zoned land, with the service station itself covering around 1,200 sq. ft. The property includes an attached mechanic shop and a smog check facility that generates about $3,000 in monthly rent. The station is equipped with four EMV pumps, a 12,000-gallon double-wall underground tank, and a 2,000-gallon double-wall tank. Additionally, there are extra storage spaces on-site that could be converted into a store for additional income, with the potential to operate 24/7.
The site is exclusively listed for sale, with ownership offering the option to deliver the station unbranded at the close of escrow. A new plan has been submitted to the city for approval, which includes:
- Building a brand-new car wash
- Expanding the C-store to 5,000 sq. ft.
- Adding two more dispensers, totaling 6 EMV pumps and 12 fueling positions
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
2,968 SF
Building Class
C
Year Built
1967
Price
$5,999,999
Price Per SF
$2,022
Cap Rate
7%
NOI
$420,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.70 AC
Opportunity Zone
Yes
Zoning
C2 - San Bernardino Commerical
Parking
34 Spaces (11.46 Spaces per 1,000 SF Leased)
Frontage
165 FT on Highland
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
About 847 W Highland Ave , San Bernardino, CA 92405
Basic Facts Subtype Service station (full service) Year Built 1967 Lot Size 0.52 acres / 22468 SF APN 0145-011-29-0000 General Use Gas Stations & Fuel Dealers
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $341,348 | |
Land Assessment | $335,661 | Total Assessment | $677,009 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$335,661
Improvements Assessment
$341,348
Total Assessment
$677,009
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Bridge Realty
Shell | 847 W Highland Ave
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