FOR SALE
$ 493,000 Est. Payment

432 W Highland Avenue

San Bernardino, CA 92405
General Commercial
Residence
N/A
Acre Lot
1of
Map
Photos
Courtesy: Bernard Cervantes - Intero Real Estate Services
Opportunity of A lifetime!!! One building with 2 Units. Each unit is Approximately 2000 sqft. Currently Liberty Tax is renting for $1270.00 per month with 3 years remaining. The second unit is occupied by current owner as a church and is collecting $1270.00 in rents. Keep it as a church and benefit with current parishioners. Lease to new business and collect additional rents. Another option would be to occupy second unit with your own business. Many opportunities, such as the large billboard on top of building owned by Clear Channel. The billboard is a 20 year agreement with 13 years remaining. The current rents being collected for billboard is $625.00 per month. This amount will increase in the year 2021 by $1000 for the year. Every 5 years thereafter rents will increase by $1000.00 for the year and repeat the cycle every 5 years. This is A GoldMine, the billboard is approx. 14' h x 48' w in size. Second unit was renovated to meet city guidelines. New bathrooms to accommodate handicapped regulations and handicap elevator. You must see for yourself to appreciate the renovations. Address for both units is 432-434 W Highland Avenue.
IG18212616
General Commercial, Other
San Bernardino
1953
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
29,526
216,108
2,128,133
321,418,820
6,248
3,464
104
89
3.5
3.5
3.3
2.6
27.8
29.1
32.2
37.4
$37,591
$38,774
$54,100
$53,482
$14,019
$14,759
$21,384
$28,555
 
Economy
Zip
City
County
National
8.20 %
8.20 %
6.40 %
5.20 %
3.40 %
3.40 %
3.40 %
1.60 %
38.70 %
38.70 %
40.50 %
38.00 %
8.00 %
8.25 %
8.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
109
111
121
100
 
Environment
Zip
City
County
National
1192
1177
2671
1443
19
18.9
15.8
39.2
0
0
12.9
25.8
42.1
42.1
35.9
22.6
96.2
96.2
93.5
86.1
41
41
33
102
282
280
284
205
76
82
80
54
Source: Sperling's Best Places
Courtesy: Bernard Cervantes - Intero Real Estate Services
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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