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$1,495,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26065302
HOA Y/N No
Year Built 1980
Lot Size 0.496 Acres
Property Sub-Type Office
Property Description
Unlock Potential: Prime 2-Story Office Opportunity
Whether you're looking to maximize ROI or own your workspace, this versatile two-story office building offers a strategic entry point into the market. With a current medium level occupancy the path to value is clear.
Option 1: The Value-Add Investment
Capitalize on the Upside.
With plenty of room to lease out new spaces, this is a classic "buy low, lease up" play.
Force Appreciation: Secure new tenants at current market rates to significantly boost the building's Net Operating Income (NOI).
Market Positioning: Modernize suites to command premium rents in a growing corridor.
Option 2: The Owner-User Advantage
Stop Renting, Start Building Equity.
Take advantage of SBA 504 or 7(a) loan programs designed for business owners.
Low Down Payment: Occupy part of the building and qualify for favorable SBA financing.
Mortgage Offset: Use the income from the existing tenant base to subsidize your mortgage, drastically lowering your overhead.
Tax Benefits: Enjoy the depreciation and interest deductions that come with commercial ownership.
Whether you're looking to maximize ROI or own your workspace, this versatile two-story office building offers a strategic entry point into the market. With a current medium level occupancy the path to value is clear.
Option 1: The Value-Add Investment
Capitalize on the Upside.
With plenty of room to lease out new spaces, this is a classic "buy low, lease up" play.
Force Appreciation: Secure new tenants at current market rates to significantly boost the building's Net Operating Income (NOI).
Market Positioning: Modernize suites to command premium rents in a growing corridor.
Option 2: The Owner-User Advantage
Stop Renting, Start Building Equity.
Take advantage of SBA 504 or 7(a) loan programs designed for business owners.
Low Down Payment: Occupy part of the building and qualify for favorable SBA financing.
Mortgage Offset: Use the income from the existing tenant base to subsidize your mortgage, drastically lowering your overhead.
Tax Benefits: Enjoy the depreciation and interest deductions that come with commercial ownership.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Laundry None
Building
Story 2
Water Public
Others
Tax ID 0141261300000
Special Listing Condition Standard
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Listed by RAUL ALEJOS M G R REAL ESTATE 909-556-3293, DRE #01488335
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