$170,000
$189,800
10.4%For more information regarding the value of a property, please contact us for a free consultation.
1,306 Sqft Lot
SOLD DATE : 10/31/2014
Key Details
Sold Price $170,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC334670
Sold Date 10/31/14
HOA Y/N No
Year Built 1994
Lot Size 1,306 Sqft
Property Description
Great return on investment with an 11.50+ CAP Rate. New Tenant, Hi Desert Medical Center. Lease is five one year contracts. Year one and two are at $2,500 monthly with COLA increases in year 3, 4 and 5. Part of a larger professional condo development that includes Hi Desert Medical, a dentist, an optometrist. CC&R`s only allow professional services. Space has five exam rooms, two offices, a receptionist area, and a waiting room. Great location on the Hwy Frontage road.. Comments Title: Professional Medical Office.
Location
State CA
County San Bernardino
Area Dc531 - Central East
Interior
Fireplace No
Building
Story 1
Others
Tax ID 0595192320000
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS