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218 E Citrus Ave 5,517 SF Retail Building Redlands, CA 92373 $1,439,000 ($260.83/SF)
Investment Highlights
- Highly Navigated Vehicle and Foot Traffic
- Public Parking Structure Nearby
- Located between 2 major freeways - I-10 and I-210 - Centrally Located between Los Angeles and Palm Springs
- Property will be delivered vacant at Close of Escrow.
Executive Summary
This prime commercial real estate is located in the Downtown Business District having housed one of Southern California's most coveted fine gift boutiques. Our sale includes building spanning over +/- 4,745 SF and second floor being +/-772 SF, totaling 5,517 SF; offering versatility, flexibility & convenience situated in a bustling location with high foot & vehicle traffic. Perfect space for specific OWNER/USER or INVESTOR requirements, not only is this a recognizable structure located in a desirable location, but also caters to a dense affluent demographic with over 144,000 people in the vicinity, the average household income surpasses $115,000 annually. Own a timeless piece of history, while establishing your own legendary landmark or develop into a perfect multi tenant destination.
NOTE: Business is NOT for sale
NOTE: Business is NOT for sale
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,517 SF
Building Class
C
Year Built
1963
Price
$1,439,000
Price Per SF
$260.83
Tenancy
Single
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.12 AC
Zoning
C-3, Redlands - General Commercial District C-3
Frontage
43’ on E Citrus
Amenities
- Security System
- Air Conditioning
- Smoke Detector
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0171-281-05 | Improvements Assessment | $623,932 |
| Land Assessment | $80,716 | Total Assessment | $704,648 |
Property Taxes
Parcel Number
0171-281-05
Land Assessment
$80,716
Improvements Assessment
$623,932
Total Assessment
$704,648
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218 E Citrus Ave
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