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247 E Highland Ave 5,886 SF Vacant Office Building San Bernardino, CA 92404 $750,000 ($127.42/SF)
Investment Highlights
- New Roof
- 4 private offices
- Large Open Office Space
Executive Summary
For Sale: $750,000
For Lease: $0.90 PSF MG
±5,886 SF two-story office building featuring two large open work areas, four private offices, and on-site parking. Flexible layout works well for owner-users, professional office, education, nonprofit, medical-adjacent, or service-based businesses. Remodeled Interior with New Roof and A/C. Located near Saint Bernardine Medical Center. Conveniently located near downtown San Bernardino; in high traffic area between Bank of America and Medical Services.
Located on Highland Avenue (cross street: N Waterman) with convenient access to Downtown San Bernardino, I-215, and I-10.
For Lease: $0.90 PSF MG
±5,886 SF two-story office building featuring two large open work areas, four private offices, and on-site parking. Flexible layout works well for owner-users, professional office, education, nonprofit, medical-adjacent, or service-based businesses. Remodeled Interior with New Roof and A/C. Located near Saint Bernardine Medical Center. Conveniently located near downtown San Bernardino; in high traffic area between Bank of America and Medical Services.
Located on Highland Avenue (cross street: N Waterman) with convenient access to Downtown San Bernardino, I-215, and I-10.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
5,886 SF
Building Class
B
Year Built
1965
Price
$750,000
Price Per SF
$127.42
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,943 SF
Building FAR
1.69
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C1, San Bernardino - Neighborhood Commercial
Parking
25 Spaces (4.25 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Classic Travel
- Services
- -
- -
- -
-
- Real Estate
- -
- -
- -
Pama Management is a privately held residential property management company operating in Southern California. The firm was established in the mid-1980s and focuses on acquiring and managing affordable multifamily rental housing throughout the state. The company's portfolio spans over 22,000 rental housing units, primarily concentrated in Los Angeles, Riverside, San Bernardino, and Kern Counties, with additional holdings extending to Sacramento and San Joaquin Counties. The portfolio consists primarily of apartment complexes, single-family rental homes, and mobile home parks that serve low to moderate income tenants. The company operates through multiple property management entities including Regency Management, Bridge Management, Equity Management, Golden Management, Hightower Management, Legacy Management, Mobile Management, Pro Management, and I E Rental Homes. Leadership is provided by owner Swaranjit "Mike" Nijjar and his family members, including sister Daljit "DJ" Kler. The company's geographic concentration in Southern California's Inland Empire region places approximately 70-80% of assets in Los Angeles, Riverside, and San Bernardino Counties, representing market concentration risk tied to regional economic conditions and regulatory environments.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Classic Travel | Services | - | - | - | ||
|
|
Real Estate | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0146-031-29 | Improvements Assessment | $324,729 |
| Land Assessment | $54,121 | Total Assessment | $378,850 |
Property Taxes
Parcel Number
0146-031-29
Land Assessment
$54,121
Improvements Assessment
$324,729
Total Assessment
$378,850
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Contact the Sale Advisor
247 E Highland Ave