Property listed by Century 21 Masters, Enrique Vasquez-Plaza 800-463-0977
$460,000
Prime Downtown San Bernardino Investment Opportunity. Offered for sale, the former San Bernardino Pawn Shop and Loans building presents an exceptional opportunity for investors, business owners, and developers seeking a strategically located, high-potential asset in the heart of the city's bustling downtown district. This secure, versatile property sits on… Read More a 44x120 lot, with a spacious building offering a flexible floor plan that is well-suited for a wide array of uses. The property is fully gated and features roll-up metal walls on most front windows, ensuring a high level of security and privacy. The expansive interior includes a large showroom with street access, multiple private offices, sizable display windows, an impressive street-facing sign, and two bathrooms. Additional amenities include a utility room, a dark room, storage rooms, reception area, kitchen, and upstairs offices, as well as adaptable living and storage spaces. Perfectly situated on a busy, tree-lined street, the property is ideally positioned to cater to a range of commercial ventures, including offices, retail spaces, restaurants, clubs, medical offices, dispensaries, educational facilities, and more. The zoning (CR2) allows for a broad spectrum of regional-serving uses in the downtown area, making it an excellent choice for repurposing and redevelopment. This is an outstanding opportunity to reposition a well-located asset with tremendous upside potential. While the building is currently undergoing renovations, it has been thoughtfully designed to accommodate a variety of business needs. The existing structure provides an ideal canvas for an owner to take over the project and complete the improvements, adding further value to this prime real estate. Building is fully functional and operational and may benefit from cosmetic upgrades and some repairs. Disclaimer: Please note, the property was previously under renovation and, as such, certain alterations, including the addition of partition walls and doors, may not be reflected in the current photos. The building’s renovation is an ideal opportunity for an investor to complete the project to their specifications, bringing the space to its full potential and complying with all city requirements. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence. Read Less
Listing Snapshot
Days Online
15
Last Updated
Property Type
Retail
Square Ft.
3,912
Lot Size
0.12 Acres
Year Built
1940
MLS Number
CV25013512
30 Days Snapshot Of 92401
$435k
-5%
(avg) sold price
1
0%
home sold
44
-70%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1940, Building area total: 3,912, 1 building, Construction materials: Brick, Concrete
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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