19 E Citrus Ave | Redlands, CA 92373
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- LoopNet Team
19 E Citrus Ave
Redlands, CA 92373
Cope Building | Redlands, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Retail Investment Opportunity in the Heart of Downtown Redlands; 21,151 Square-Feet; Historic Cope Building (Retail and Office)
- Located in the Heart of Historic Downtown Redlands; a Destination Shopping Location Filled with Boutique Shops & Gourmet Restaurants
- 1-Mile from the University of Redlands, a Private Liberal Arts University (3,400+ Students)
- Stable Existing Tenancy: 53% of the occupied square footage has been operating at the property for 8+ years
- Incredible Location on Walk-Friendly Citrus Avenue That Backs Up to Orange Street Alley (“Umbrella Alley”), a Popular Year-Round Attraction
- Dense, Affluent, Demographics: Over 144,000 ppl with average household incomes in excess of $115,000 within a 5-mile radius of the subject property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,151 SF
Building Class
B
Year Built/Renovated
1903/1988
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.21
Lot Size
0.22 AC
Zoning
C3, Redlands - General Commercial - Retail, Office, Mixed Use, Restuarant.
Parking
15 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0171-121-03 | Improvements Assessment | $2,882,627 |
| Land Assessment | $394,480 | Total Assessment | $3,277,107 |
PROPERTY TAXES
Parcel Number
0171-121-03
Land Assessment
$394,480
Improvements Assessment
$2,882,627
Total Assessment
$3,277,107
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