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415 W 5th St 5,246 SF 100% Leased Retail Building San Bernardino, CA 92401 $1,788,000 ($340.83/SF)
Investment Highlights
- Situated on a signalized corner lot!
- Separate entry and exit points (ingress/egress from both 5th Street and D Street).
- Prominent monument sign at the corner.
- Approximately 21 parking spaces (Including ADA parking).
Executive Summary
Rare 5-Unit Commercial Retail Shopping Center in Downtown San Bernardino. The property features approximately 5,248 SF of building area situated on a large 20,000 SF lot. The shopping center is 100% leased. Situated on a signalized corner lot, the property enjoys heavy pedestrian and vehicle traffic. A prominent monument sign at the corner provides additional visibility for the center and its tenants. This property is located adjacent to a State Government Building and in close proximity to City Hall, the County Administration Building, and the main Post Office (Property benefits from a strong concentration of government offices and surrounding activity). The property offers separate entry and exit points, with ingress/egress from both 5th Street and D Street, creating a convenient traffic flow for customers and making deliveries and loading more efficient. Approximately 21 parking spaces (including ADA spaces) are available on-site (Buyer to verify). New foam roof has been installed.
Easy access to the 215 Freeway further enhances connectivity.
Easy access to the 215 Freeway further enhances connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,246 SF
Building Class
B
Year Built
1988
Price
$1,788,000
Price Per SF
$340.83
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CR-2 - Commercial Regional-Downtown
Parking
20 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
- Wheelchair Accessible
- Monument Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0134-141-16 | Improvements Assessment | $635,246 |
| Land Assessment | $206,824 | Total Assessment | $842,070 |
Property Taxes
Parcel Number
0134-141-16
Land Assessment
$206,824
Improvements Assessment
$635,246
Total Assessment
$842,070
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Contact the Sale Advisor
415 W 5th St