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24453380
24384594

668 E Redlands Blvd, Redlands, CA 92373-5242

EL
CA CA 01361595
Marquis Signature Properties
Listed by Marquis Signature Properties
$995,000
343 days on market
Updated 22 days ago

MARQUIS Redlands Medical Office

Details
APN 0171-383-17
Property Type Office
Sub Type Medical Office
Square Footage 3,318
Cap Rate 5.25%
Occupancy 100%
Tenancy Single
Lease Type Modified
Class B
Year Built 1946
Year Renovated 2017
Buildings 2
Stories 2
Lot Size (SqFt) 6,534
Zoning C4 Commercial
Parking Spaces 11 spaces
Parking Per SqFt 3.32
Investment Type Owner/User
Ownership Fee Simple
Sale Condition For sale by owner

UPDATED High Visibility 2-Unit Medical Office

Marketing description

Great commercial building located in downtown Redlands, full of charm and curb appeal on the outside and tastefully remodeled in 2017 on the inside. Flooring is tile and wood laminate and the walls have been painted calming hues.

There are 3 rooms on the main floor and one room has its own private entrance. There is also a room located upstairs which is reached by a beautiful wood staircase. 2 bathrooms are located on the main floor; one bathroom is wheelchair compliant. Wheelchair access is also available in the rear of the main building. The property consists of two separate buildings which are entirely gated for extra security.

Currently, the front building - 668 E Redlands is being used as a day spa. The back building is a separate unit with address - 670 E Redlands. This is undoubtedly a prime spot for a business or an investment in the heart of Redlands. Tenant is paying $4500/month gross lease. Great for owner user or someone who wants to renegotiate lease.

Investment highlights

  • Medical Office Use permitted

  • Two (2) Units - Front main (668) and rear secondary unit (670)

  • Adult Daycare, Assisted Living, Salon Usage, Facial Aesthetics, etc

  • Superb corner lot off Redlands Blvd and Fern St

  • Immediately off Interstate 10 and Citrus

  • Eight (8) additional parking spots approved

Listing Contacts

EL
CA CA 01361595
Marquis Signature Properties
Listed by Marquis Signature Properties

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Additional Information

Name
Ezra Leyton
License
CA 01361595
Brokerage
MARQUIS Commercial Properties
Title
Executive Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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