$210,000

525 E Yermo Road

Yermo CA, 92398

Description

Located on the highly traveled East Yermo Road, this sale includes 4 total parcels: 0538-063-07 / 08 / 09 & 10; 0.76 Total Acres with 2 separate buildings for a total; of 5,350 Sq. Ft. Parcel 10: has a metal building that is 2,700 Sq. Ft. with an open space floor plan, a tall roll up door and a small fenced yard. The main building is 2,650 Sq. Ft. with a spacious garage, room for storage, 2 roll up doors, a large office space with a restroom inside and outside. The total Lot Dimensions are estimated at 241 Ft. x 141 Ft. Surrounded by residential property and other commercial businesses; this property has a consistent traffic flow. Located 0.36 miles southwest of the Interstate 15 on/off ramp which has a traffic flow of 42,000 vehicles passing by this location daily. This property is perfect for a mechanic shop, tow yard, storage and several other commercial uses. The property located across the street has plans to restore the existing structure and build a storage yard. The property is currently leased at $1632 per month for the next couples years with a small option to extend. This gives you an 8.42% cap rate based upon the purchase price. Buyer to verify all figures to make sure this investment works for them. Access: Street Common Area Fac.Fenced Storage Area Flooring: SEE Lot Location Type: Standard Location Loading: Loading in Front Miscellaneous: Fenced Sewer: SEPT Special Features: Work Shop View: MT,CI,DE # of Attached Spaces: 2 # of Detached Spaces: 0 # of RV Spaces: 0

Details

MLS#524417
Listing TypeFor Sale
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1950
Days On Site368

Features

Units2
ZoningCOMM.

Market Activity 92398

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Area Information
StateCA
CountySan Bernardino
CityYermo
Zip Code92398
Listing VS Median (in 92398)
Price:
$210,000
low | high
Med:
$55,000
100% of Average
On Site:
368
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 7:14:59 AM PDT
James Langley LogoMLS Number: 524417
Listing Provided By:
James Langley  of  Rigel Capital
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.