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1270 N Waterman Ave 3,700 SF 100% Leased Office Building San Bernardino, CA 92404 $849,000 ($229.46/SF)



INVESTMENT HIGHLIGHTS
- Centrally Located
- High Foot Traffic
- On-Site Parking
EXECUTIVE SUMMARY
Excellent opportunity for investors or owner-users! This 3,076 sq ft CG-1 zoned property is currently divided into multiple retail/warehouse spaces, offering flexible layout potential for a variety of commercial uses. The sale includes a second parcel that provides secure gated access and ample on-site parking totaling .34 acres between the 2 parcels. While the structure is in need of repairs and updating, it presents a strong value-add opportunity in a centrally located commercial corridor. Close to the DMV with high foot traffic. Buyer to verify all information to their satisfaction, including but not limited to zoning, boundaries, use, permits, and square footage.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,700 SF
Building Class
C
Year Built
1968
Price
$849,000
Price Per SF
$229.46
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,700 SF
Building FAR
0.25
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
CG-1 - Commercial General
Parking
20 Spaces (6.5 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $384,948 (2025) | |
| Land Assessment | $93,636 (2025) | Total Assessment | $478,584 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$93,636 (2025)
Improvements Assessment
$384,948 (2025)
Total Assessment
$478,584 (2025)
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1270 N Waterman Ave
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