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    1288 N Mount Vernon Avenue

    Colton, CA 92324
    • $1,299,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: RS20156442
    UPDATED: 21 min ago
    $1,299,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,387
      SQFT
    • $241
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Description

    Excellent opportunity to buy this mixed use commercial property for sale in Colton. Property consists of two buildings: First Building of 1,440sqft is used as a restaurant built in 1970 and has a kitchen, display area, eating area, one restroom, walking cooler and storage space. Second Building has 3,947sqft, built in 2005 and is used as auto service shops: 3 Doors are used as a transmission shop, other 3 Doors used as an auto mechanic and 1 door is used as a smoke shop. Each shop have an individual office and restroom. Property has plenty of parking spaces to accommodate both businesses. Long term Tenants in place that want to stay.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T17:32:13.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

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    1288 N Mount Vernon Avenue Colton, CA 92324

    • Price: $1,299,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: RS20156442
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    5,387
    SQFT
    $241
    $/SQFT
    2005
    Built
    Neighborhood:
    273 - Colton
    County:
    San Bernardino
    Area:
    273 - Colton
    Property Description
    Excellent opportunity to buy this mixed use commercial property for sale in Colton. Property consists of two buildings: First Building of 1,440sqft is used as a restaurant built in 1970 and has a kitchen, display area, eating area, one restroom, walking cooler and storage space. Second Building has 3,947sqft, built in 2005 and is used as auto service shops: 3 Doors are used as a transmission shop, other 3 Doors used as an auto mechanic and 1 door is used as a smoke shop. Each shop have an individual office and restroom. Property has plenty of parking spaces to accommodate both businesses. Long term Tenants in place that want to stay.
    Exterior Features

    Construction Materials BlockStucco Lot Features Lot 10000-19999 Sqft Lot Size Dimensions 18000 Lot Size Source Assessor Lot Size Units Square Feet Roof FlatShingleTile

    Interior Features

    Condo Area Units Square Feet Heating Central Heating YN Yes Laundry Features None Office Class C

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type Auto Body Cap Rate 6.51 Country Us Electric 220 Volts in Workshop Expense Year 6670 Gross Scheduled Income 84600.00 Insurance Expense 2000.00 Investment Property YN Yes Land Lease YN No Land Use Other Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 77930.00 Operating Expense 6670.00 Property Sub Type Mixed Use Real Estate Tax Expense 4670.00 Retail Center Type Mixed Use Security Features Gated Community Special Listing Conditions Standard Tax Annual Amount 4670.00 Tax Year 2019 Utilities Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Seller

    Listing provided courtesy of Lucica Mccabe of C-21 Realty Team


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T17:32:13.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591