1589 E Date St
Sab Bernardino, CA 92404
$469,000
Units
:
2
Bathrooms
:
2
Sq.Ft.
:
3040
Lot Size
:
11200
Property Type
:
Retail
Year Built
:
1965
MlsNumber
:
:
Sold
Description:
REDUCED!Great Retail Investment. Good rate of return on new lease that is at $4,500/M for 5 years, 5 year option with CPI bumps on year 6 and 9. Only expense for landlord is property tax on this lease, all else is tenants. Current businesses are Mexican Fast Food and Mini Market. Both units under same lease and ownership.This is a lender repossessed property(REO) and disclosures are minimal. Agent advises that buyer conduct their own investigation to their satisfaction.
Feature List:
|
CAP 9.0+
|
$4,500/M rent
|
Monthly Exp $500
|
REO Sale
|
14-15 parking spaces
|
Close to Freeway
|
Close to Gas Station
|
High Traffic Interse
| |
|