Description
BIG PRICE REDUCED Again and Again for a Quick Sale!!! Selling its Location, Location and Location!!! Excellent Corner Location with a possible Redevelopment opportunity which is located in the SE Corner of a busy Mt. Vernon Ave and Mill St. The building size is 3,104 sq.ft. on lot size 16,500sq.ft. with a ample parking spaces which is opposite side of McDonald's Hamburger on the same Mt. Vernon Ave. This property is for sale first time in the market in 46 years long. Current 3 tenants are using 4 units of the building. Tenant of Unit A (Tax Office) lease is month-to-month lease and Unit B & C leased by one tenant (restaurants) lease to be terminiated during coming Aug. 2022. The unit D on Mill Street was another restaurant, but it is vacant now due to move out after a small inside fire of the unit D. We are keeping the unit D as vacant for a future buyer choice.There is a good chance of redevelopment/remodeling the property and making a chance of raising the monthly rent income increase to the curent market level. The seller is selling it as "As-Is and In Its Current Condition". It is easy to access to FWY 215 & 10, it also located near from the downtown of San Bernardino City.
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0BEDS
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0.38ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
BIG PRICE REDUCED Again and Again for a Quick Sale!!! Selling its Location, Location and Location!!! Excellent Corner Location with a possible Redevelopment opportunity which is located in the SE Corner of a busy Mt. Vernon Ave and Mill St. The building size is 3,104 sq.ft. on lot size 16,500sq.ft. with a ample parking spaces which is opposite side of McDonald's Hamburger on the same Mt. Vernon Ave. This property is for sale first time in the market in 46 years long. Current 3 tenants are using 4 units of the building. Tenant of Unit A (Tax Office) lease is month-to-month lease and Unit B & C leased by one tenant (restaurants) lease to be terminiated during coming Aug. 2022. The unit D on Mill Street was another restaurant, but it is vacant now due to move out after a small inside fire of the unit D. We are keeping the unit D as vacant for a future buyer choice.There is a good chance of redevelopment/remodeling the property and making a chance of raising the monthly rent income increase to the curent market level. The seller is selling it as "As-Is and In Its Current Condition". It is easy to access to FWY 215 & 10, it also located near from the downtown of San Bernardino City.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-29T00:27:23.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.