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$ 950,000
Est. payment | /mo
0.85 Acres Lot
$ 950,000
Est. payment | /mo
0.85 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD24200983
HOA Y/N No
Year Built 1980
Lot Size 0.850 Acres
Property Description
This property truly has it all! Located in the heart of Apple Valley's Village, it's a mixed-use gem combining highly sought-after industrial warehouse space with prime retail frontage. The growing demand for industrial space in the High Desert makes this an excellent opportunity for any investor. Offered at an attractive $117 per square foot, this is one of the most competitively priced properties in the region, giving investors a significant edge.
The upside potential is immense, as there's room to raise rents, further boosting the property's revenue and demand over time. With both industrial and retail spaces in short supply, this property is perfectly positioned for growth in value and income generation. Investors can take advantage of this opportunity, benefiting from both the increasing demand in Apple Valley's business sectors and the low entry price point.
This investment offers not only a strong immediate return but also long-term appreciation, making it an ideal addition to any portfolio.
The upside potential is immense, as there's room to raise rents, further boosting the property's revenue and demand over time. With both industrial and retail spaces in short supply, this property is perfectly positioned for growth in value and income generation. Investors can take advantage of this opportunity, benefiting from both the increasing demand in Apple Valley's business sectors and the low entry price point.
This investment offers not only a strong immediate return but also long-term appreciation, making it an ideal addition to any portfolio.
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Fireplace No
Laundry None
Building
Lot Description Walkstreet
Story 1
Water Public
Others
Tax ID 3087341200000
Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Jerrad Schendel • Coldwell Banker Commercial Rea • jerrad.schendel@cbcinland.com
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Skip Barbour
Broker Associate | Lic# 795532