$360,000

115 S 1st Avenue

Barstow CA, 92311

Description

7 Units Commercial Real Estate Over 10% CAP Rate, Great Location! Established Tenant 5000 Sq Ft With 10 Parking Spaces on next to Busy Main St. Total Rental Income is $3500 Per Month; $42,000 Annually. Each Unit Pays $500 Per Month, Each Unit has attached Restroom, Owner Pays only Water & Trash $200 Per Month. Each Business is Private Owned and is not for Sale. This Property is Located in the Heart of The City of Barstow, Next to a Corner Lot With Great Visibility, Thousands of Traffics Every Day. Sited on the South East Side of Main St & 1st Avenue. Less than 5 minutes away from I-15 Freeway. The Owner is Ready To Retire And Motivated To Sell.

Details

MLS#524683
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1952
Days On Site189

Features

SQ Feet5,000
Story(s)1
Units7
ZoningCommercial

Market Activity 92311

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Area Information
StateCA
CountySan Bernardino
CityBarstow
Zip Code92311
AreaCalifornia
Listing VS Median (in 92311)
Price:
$360,000
low | high
Med:
$119,500
100% of Average
SqFt:
5,000
low | high
Med:
863
100% of Average
$ / SqFt:
$72
low | high
Med:
$138
42.32007209991% of Average
On Site:
189
low | high
Med:
52
100% of Average
Listing Updated: November 23, 2020 8:02:45 PM PST
Shahid Rahman LogoMLS Number: 524683
Listing Provided By:
Shahid Rahman  of  Alam Realty

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.