12036 Bartlett Avenue,Adelanto, CA 92301
Adelanto, CA 92301
Description
***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. Positioned in the heart of Adelanto's Business Park District, the over 1-ACRE lot has plenty of space for parking or storage. Only a block from Hwy 395 and close to Interstate-15 the site offers excellent access to all of Southern CA. Plus, with Adelanto rapidly becoming a logistics/distribution hub, recent expansion has brought the SoCal Logistics Airport, Amazon fulfillment center, and Keurig/Dr. Pepper/Snapple manufacturing plant right next door. In addition, the site was part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions was invested on massive improvements to infrastructure, as the city prepares for FUTURE 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 even more cash flow. Recently, electrical/plumbing/window upgrades were made in the commercial building, and new split-unit AC's along with tank-less water heaters have been installed for efficiency. Also, the residential units have recent upgrades. Currently, the property is generating over $62,000 in GROSS INCOME, with the pro-forma potential of producing upwards of $70,000 per year. An ideal property for any real estate investor in the market for LUCRATIVE CAP RATES, or an entrepreneur that needs more space to grow. A definite must see OPPORTUNITY before it's too late.***
Details
| MLS | HD26074170 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 175 |
| Listing Provided By | Coldwell Banker Home Source | Jeffrey Nyal |
Features
| SQ Feet | 3,698 |
|---|---|
| Story(s) | 1 |
| Units | 9 |
| Building(s) | 3 |
| Acreage | 1.10 |
Interior
| Cooling | Evaporative Cooling, Wall Window Units |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition, Flat |
|---|---|
| Construction Materials | Frame |
| Lot Features | Six To Ten Units Acre, Lot Over40000Sqft, Paved, Rectangular Lot, Street Level |
Utilities
| Utilities | Sewer Available, Sewer Connected |
|---|
Taxes
| Property | 1229 |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $474,990 low | high Med: $399,000 sqft: 3,698 low | high Med: 2,010 $ / sqft: $128 low | high Med: $199 On site: 175 low | high Med: 32 | |
Market Activity 92301
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Adelanto |
| Zip Code | 92301 |
| Area | ADL Adelanto |
| Listing VS Median (in 92301) | |
Price: $474,990 low | high Med: $399,000 sqft: 3,698 low | high Med: 2,010 $ / sqft: $128 low | high Med: $199 On site: 175 low | high Med: 32 | |