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$ 1,075,000
Est. payment | /mo
0.57 Acres Lot
$ 1,075,000
Est. payment | /mo
0.57 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25246078
HOA Y/N No
Year Built 1984
Lot Size 0.568 Acres
Property Sub-Type Mixed Use
Property Description
RARE INVESTMENT OPPORTUNITY! First time on the market since it was constructed! 18275 Bear Valley Road offers a fantastic opportunity to acquire a fully stabilized, income producing mixed-use property in one of the most central areas of the High Desert. This unique property features one commercial suite with prime street exposure and three residential townhouse units, all occupied by dependable long-term tenants. The rental units each have their own washer/dryer in-unit and a private fenced backyard, along with 1 carport parking space.
The commercial unit benefits from excellent signage and high visibility along Bear Valley Road, one of the High Desert's busiest thoroughfares, while the residential units provide steady diversified rental income. There is also a monument sign with multiple advertising spots.
Recent capital improvements include a complete exterior repaint and freshly resealed and striped parking lot, enhancing curb appeal and reducing future maintenance costs. The building has been well cared for, making it an ideal turnkey investment for owner-users or investors seeking stable returns.
Strategically located near major retail, dining, and freeway access, this property is positioned for continued appreciation and strong tenant demand all while offering a 5.7% cap rate. For more flexibility and income opportunities, the front unit can be divided into two separate units both with a reception area and their own entrances.
The commercial unit benefits from excellent signage and high visibility along Bear Valley Road, one of the High Desert's busiest thoroughfares, while the residential units provide steady diversified rental income. There is also a monument sign with multiple advertising spots.
Recent capital improvements include a complete exterior repaint and freshly resealed and striped parking lot, enhancing curb appeal and reducing future maintenance costs. The building has been well cared for, making it an ideal turnkey investment for owner-users or investors seeking stable returns.
Strategically located near major retail, dining, and freeway access, this property is positioned for continued appreciation and strong tenant demand all while offering a 5.7% cap rate. For more flexibility and income opportunities, the front unit can be divided into two separate units both with a reception area and their own entrances.
Location
State CA
County San Bernardino
Area Hsp - Hesperia
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description Front Yard
Story 2
Water Public
Others
Tax ID 0399143280000
Special Listing Condition Standard, Trust

Listed by Matthew Tierce Valley Insured Property Management, Inc 9496103685

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