$ 650,000
12036 Bartlett Avenue Adelanto, CA 92301
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Listed by Jeffrey Nyal • Coldwell Banker Home Source
$ 650,000
Est. payment /mo
Active
12036 Bartlett Avenue Adelanto, CA 92301
3,698 SqFt
UPDATED:
08/10/2024 12:00 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,698 sqft
Price per Sqft $175
MLS Listing ID CRHD23150143
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 1.100 Acres
Property Description
***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial 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 more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53,000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property o
Location
State CA
County San Bernardino
Interior
Heating Natural Gas
Cooling Window Unit(s), Other
Fireplace No
Building
Water Public
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