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$899,000
Est. payment /mo
1.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26131589
HOA Y/N No
Lot Size 1.260 Acres
Property Sub-Type Retail
Property Description
25578–25598 Baseline St Retail Center at 25578–25598 Baseline St, Highland, CA 92410 presents a compelling value-add investment opportunity on a high-traffic commercial corridor with approximately 16,000 cars per day. Situated on 1.26 acres, this ±11,253 SF multi-building retail center includes three buildings, approximately 39 parking spaces, and a separately usable ±0.46-acre gated yard with Mira Vista Ave access. The property is fully fenced and zoned CG – General Commercial, offering flexibility for retail, service, storage, or future repositioning. The asset features in-place income from established community tenants, with 2 tenants currently occupying 5 of 7 units. Current gross income is approximately $8,867.66 per month ($106K annually), with projected upside to roughly $130K annually through lease-up of vacant space. Existing vacancy creates immediate value-add potential, while the additional yard area may offer future resale, storage, or redevelopment possibilities. This is a rare chance to acquire a prominently located commercial center with stable cash flow, lease-up upside, and long-term redevelopment potential in the growing Highland/San Bernardino trade area. SEE BROCHURE IN SUPPLEMENTS WITH MORE DETAILS. THIS IS A COURT ORDERED SALE AND MUST BE CASH, AS-IS.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description Zero Lot Line
Story 1
Water Public
Others
Tax ID 0273253140000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Third Party Approval
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Listed by Robert Mendez Re/Max Time Realty 951-283-5015, DRE #01971883
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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