$650,000
12036 Bartlett Avenue Adelanto, CA 92301
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$650,000
Est. payment /mo
3,698 SqFt
Active
12036 Bartlett Avenue Adelanto, CA 92301
UPDATED:
08/10/2024 02:54 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,698 sqft
Price per Sqft $175
MLS Listing ID CRHD23150143
HOA Y/N No
Year Built 1950
Lot Size 1.100 Acres
Acres 1.1
Property Description
***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial GROWTH. The commercial building onsite has 7 units (2,413sf) that have been generating steady income for years, also there are two residential units (1,285sf) producing more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53,000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property o
Location
State CA
County San Bernardino
Area Listing
Interior
Heating Natural Gas
Cooling Other, Window Unit(s)
Fireplace No
Exterior
Utilities Available Other
Total Parking Spaces 20
Building
New Construction No
Others
Tax ID 0459164110000
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jeffrey Nyal • Coldwell Banker Home Source
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