$235,000
Pending

525 E Yermo Road

Yermo, CA 92398
Courtesy of Rigel Capital
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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.

  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.19
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:San Bernardino
  • Financial Details
    • Pricing Details
      • Original List Price:$220, 000
  • Other
    • Source
      • MLS #:524417
  • -
      • Buyer Agency Compensation:4.000
      • Annual Taxes:$352

Location

Ann TrussellReal Estate Group
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