$999,990

15625 7th Street

Victorville CA, 92395

Description

***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL BUILDING in the expanding City Of Victorville, CA. A two-story, over 9,000sf building in the heart of Downtown Victorville. Located on Historic Route-66 right next to the HIGH TRAFFIC intersection of 7th St and D St the site sees thousands drive by everyday. It is also very close to 15-Freeway On-Ramps. Occupied with essential businesses that have remained open during pandemic. Currently generating nearly $64,000 in yearly rental income with the potential to earn a PRO-FORMA yearly rental income of over $80,000. A must see opportunity that could generate lucrative cap rates for investors, or ideal sale for anyone looking for 1031 exchange properties. ***

Details

MLS#531598
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1974
Days On Site87

Features

SQ Feet9,116
Story(s)2
Units12
ZoningCommercial

Market Activity 92395

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Area Information
StateCA
CountySan Bernardino
CityVictorville
Zip Code92395
AreaCalifornia
Listing VS Median (in 92395)
Price:
$999,990
low | high
Med:
$302,450
100% of Average
SqFt:
9,116
low | high
Med:
1,574
100% of Average
$ / SqFt:
$110
low | high
Med:
$196
28.348872713888% of Average
On Site:
87
low | high
Med:
23.5
100% of Average
Sourced by Back At You
Listing Updated: April 22, 2021 8:01:46 PM PDT
Listing Provided By: Curvan Chen of Coldwell Banker Home Source

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.