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34210800
34210799

1263 Mount Vernon Ave, San Bernardino, CA 92411 For Sale

MN
CA CA 01990970
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
$199,000
12 days on market
Updated 12 days ago
Opportunity zone

20K Sq. Ft. Soft Corner-Inland Empire 25KCPD

Details
APN 0144-192-09-0000
Property Type Retail, Multifamily (+1)
Sub Type Auto Shop, Residential (+1)
Square Footage 20,000
Net Rentable (SqFt) 20,000
Lot Size (SqFt) 20,000
Zoning General Commercial (CG-1)
Investment Type Redevelopment
Ground Lease No

Retail - Multifamily - Mixed-Use

Marketing description

Manny Nunez with CBRE is pleased to present the exclusive opportunity to acquire 1263 N Mount Vernon Avenue - a ±20,000-square-foot (±0.46-acre) General Commercial (CG-1) corner parcel on a high-visibility stretch of San Bernardino's Mount Vernon corridor. Level and delivered with all utilities to the site, the property is ideally suited for a single-tenant retail, owner-user, convenience store, service use, or small mixed-use development.

This is a flexible, demand-driven infill site. CG-1 zoning supports a wide range of uses - retail, convenience and service commercial, and residential or mixed-use development of up to 47 units per acre - while a corner-influenced location just off the corridor's main retail intersection and ±25,000 vehicles per day on Mount Vernon deliver the visibility tenants and developers seek. A dense, established trade area of 360,000+ residents within three miles drives consistent consumer and housing demand.

Situated within a federal Opportunity Zone - with corridor housing pathways that can support new residential development - 1263 N Mount Vernon offers compelling long-term upside at an attractive basis. Offered free and clear and available individually or as a portfolio with 1686 N Mount Vernon, it is a rare opportunity to control a well-located corner pad in a supply-constrained infill market.

Investment highlights

  • ±20,000-square-foot (±0.46-acre) General Commercial (CG-1) corner parcel
  • High-visibility stretch of San Bernardino's Mount Vernon corridor
  • Level and delivered with all utilities to the site
  • Ideally suited for single-tenant retail, owner-user, convenience store, service use, or small mixed-use development
  • CG-1 zoning supports retail, convenience and service commercial, and residential or mixed-use development of up to 47 units per acre
  • Corner-influenced location just off the corridor's main retail intersection
  • ±25,000 vehicles per day on Mount Vernon
  • Dense, established trade area of 360,000+ residents within three miles
  • Situated within a federal Opportunity Zone
  • Offered free and clear
  • Available individually or as a portfolio with 1686 N Mount Vernon

Listing Contacts

MN
CA CA 01990970
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

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Additional Information

Name
Manny Nunez
License
CA 01990970
Brokerage
CBRE
Brokerage Phone
3105502602
Title
Investment Sales Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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