MLS® ID: EV18053106
245 W Base Line Street
San Bernardino, California, 92410 $994,000
Active Under Contract
Excellent opportunity for an owner user! All tenants are currently month to month but a new owner can occupy the space or choose to place all tenants on a lease and increase the rents! The property was built in 2000, is 10,400 sqft and rest on a huge 37,540 sqft lot! All rented. Currently 5.5% CAP and generates $6225 a month in rent, $74,700 annually (approx expenses $20,215 and NOI $54,485) but some of these are under market rents! There are 8 bays and a huge parking lot in the back. There is access to the property from Base Line or the back street (orange). The price per sqft is only $94 a sqft. Please drive by only at this time.