25578 E Base Line, San Bernardino, CA 92410
sale
$899,000
|
Retail
Courtesy Of RE/MAX Time
25578-25598 Baseline St Retail Center at 25578-25598 Baseline St, Highland, CA 92410 presents a compelling value-add investment opportunity on a high-traffic commercial corridor with approximately 16,000 cars per day. Situated on 1.26 acres, this +/-11,253 SF multi-building retail center includes three buildings, approximately 39 parking spaces, and a separately usable +/-0.46-acre gated yard with Mira Vista Ave access. The property is fully fenced and zoned CG - General Commercial, offering flexibility for retail, service, storage, or future repositioning. The asset features in-place income from established community tenants, with 2 tenants currently occupying 5 of 7 units. Current gross income is approximately $8,867.66 per month ($106K annually), with projected upside to roughly $130K annually through lease-up of vacant space. Existing vacancy creates immediate value-add potential, while the additional yard area may offer future resale, storage, or redevelopment possibilities. This is a rare chance to acquire a prominently located commercial center with stable cash flow, lease-up upside, and long-term redevelopment potential in the growing Highland/San Bernardino trade area. SEE BROCHURE IN SUPPLEMENTS WITH MORE DETAILS. THIS IS A COURT ORDERED SALE AND MUST BE CASH, AS-IS.
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Property Features
- MLSID: IG26131589
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