$650,000
For Sale

15483 7th Street

Victorville, CA 92395
Listing OfficeKursch Group, Inc.
Browse 10 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

10,000sqft two story commercial building zoned Old Town Specific Plan within the Mixed-Use Retail District which provides for neighborhood commercial and residential mixed-use development. Retail uses are required along the ground-floor frontage of 7th Street and D Street. Office and/or residential uses are allowed behind or above as part of a Development Plan, incorporating horizontal mixed use to the extent feasible. There is potential to demise the 2nd floor into four (4) individual residential units thus creating tremendous upside. Specialty retail uses that promote Old Town's historic Route 66 heritage are strongly encouraged. Currently the building has one first floor vacancy of ±900 – the other two first floor suites are leased month-to-month. One tenant leases the entire 2nd Floor and is month-to-month as well. Current gross annual income is $38,400.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.16
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1952
  • Utilities / Energy Details
      • Utility FeaturesSewerAvailable, SewerConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Bernardino
  • Financial Details
      • Original List Price$750,000
  • Other
      • MLS #541923

Location

Ann TrussellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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