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Waterman Medical Plaza 2150 N Waterman Ave 28,258 SF Office Building San Bernardino, CA 92404 $6,950,000 ($245.95/SF)

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INVESTMENT HIGHLIGHTS

  • 28,485 sf with up to 18,566sf for Owner-User on Fee Simple Land
  • Highly Visible Location at N Waterman Ave and Highland with Building and Monument Signage
  • Verizon FIOS Fiber Optic to Building
  • Extensive Restoration Completed in 2023 with all new HVAC, Elevator, Roof, Heavy Electric Panels and Fire Control System
  • Easy Patient Access with Surface Parking and ADA drop off at Entrance
  • Abundant Natural Light and Views of Mountains and Hospital

EXECUTIVE SUMMARY

Value-Add | Far Below Replacement Cost | Opportunity Zone | Huge Upside Potential
** Seller Financing Available up to 90% **
Total Gross Square Footage is 28,485
Fee Simple Land
Call 949 270-2950 to Schedule Tour, Please Do Not Disturb Tenants
** 2% Fee to Buyer's Broker **

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
28,258 SF
Building Class
B
Year Built/Renovated
1988/2023
Price
$6,950,000
Price Per SF
$245.95
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,419 SF
Building FAR
0.49
Lot Size
1.32 AC
Opportunity Zone
Yes
Zoning
CO-1 - Medical Office
Parking
115 Spaces (4.07 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Security System
  • Signage
  • Accent Lighting
  • Central Heating
  • Direct Elevator Exposure
  • Natural Light
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • On-Site Security Staff

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101
  • 3,577 SF
  • Medical
  • Full Build-Out
  • Now

Move-In Ready ground floor space.

  • 2nd Fl-Ste 200
  • 5,534 SF
  • Medical
  • Full Build-Out
  • Now

Space Upgrades Underway - Completion Jan 31, 2025

  • 3rd Fl-Ste 300
  • 950-5,517 SF
  • Medical
  • Full Build-Out
  • Now

Ambulatory Surgery Center w/ procedure and prep room. Perfect for Vascular, Cardiology, Bariatric, Gastroenterology or general surgery.

  • 3rd Fl-Ste 302
  • 2,028-3,938 SF
  • Office/Medical
  • Full Build-Out
  • Now

Call to show.

Space Size Space Use Condition Available
1st Fl-Ste 101 3,577 SF Medical Full Build-Out Now
2nd Fl-Ste 200 5,534 SF Medical Full Build-Out Now
3rd Fl-Ste 300 950-5,517 SF Medical Full Build-Out Now
3rd Fl-Ste 302 2,028-3,938 SF Office/Medical Full Build-Out Now

1st Fl-Ste 101

Size
3,577 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
5,534 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
950-5,517 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 302

Size
2,028-3,938 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101

Size 3,577 SF
Space Use Medical
Condition Full Build-Out
Available Now

Move-In Ready ground floor space.

2nd Fl-Ste 200

Size 5,534 SF
Space Use Medical
Condition Full Build-Out
Available Now

Space Upgrades Underway - Completion Jan 31, 2025

3rd Fl-Ste 300

Size 950-5,517 SF
Space Use Medical
Condition Full Build-Out
Available Now

Ambulatory Surgery Center w/ procedure and prep room. Perfect for Vascular, Cardiology, Bariatric, Gastroenterology or general surgery.

3rd Fl-Ste 302

Size 2,028-3,938 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Call to show.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0146-032-26
Land Assessment
$810,073
Improvements Assessment
$3,564,155
Total Assessment
$4,374,228
  • Listing ID: 36290711

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 2150 N Waterman Ave, San Bernardino, CA 92404

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