3,698
Sq. Ft.
1.1
Acre Lot
***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial GROWTH. The commercial building onsite has 7 units (2,413sf) that have been generating steady income for years, also there are two residential units (1,285sf) producing more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53,000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property owners more rights related to adding ADUs to their properties. The new ADU LAW further expands the propertys income producing potential. This property is an ideal opportunity for any savvy real estate investor looking for lucrative cap rates, or a business owner that needs more space to grow. A definite must see before it's too late.***
HD23150143
Commercial - Retail, Mixed Use, Business Opportunities, 1 Story
1950
San Bernardino
1.1
Acres
Public
1
Frame
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Courtesy: Jeffrey Nyal, Coldwell Banker Home Source
Agent Office Phone: 7608877779
Agent License: 01373556
Office License: 01902736
Office Phone: 760-242-6000