Unlock Potential: Prime 2-Story Office Opportunity Whether you’re looking to maximize ROI or own your workspace, this versatile two-story office building offers a strategic entry point into the market. With a current medium level occupancy the path to value is clear. Option 1: The Value-Add Investment Capitalize on the Upside. With plenty of room to lease out new spaces, this is a classic "buy low, lease up" play. Force Appreciation: Secure new tenants at current market rates to significantly boost the building's Net Operating Income (NOI). Market Positioning: Modernize suites to command premium rents in a growing corridor. Option 2: The Owner-User Advantage Stop Renting, Start Building Equity. Take advantage of SBA 504 or 7(a) loan programs designed for business owners. Low Down Payment: Occupy part of the building and qualify for favorable SBA financing. Mortgage Offset: Use the income from the existing tenant base to subsidize your mortgage, drastically lowering your overhead. Tax Benefits: Enjoy the depreciation and interest deductions that come with commercial ownership.
| MLS | IV26065302 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 170 |
| Listing Provided By | M G R REAL ESTATE | RAUL ALEJOS |
| SQ Feet | 11,992 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.50 |
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92408 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92408) | |
Price: $1,495,000 low | high Med: $520,000 sqft: 11,992 low | high Med: 1,820 $ / sqft: $125 low | high Med: $286 On site: 170 low | high Med: 98 | |
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92408 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92408) | |
Price: $1,495,000 low | high Med: $520,000 sqft: 11,992 low | high Med: 1,820 $ / sqft: $125 low | high Med: $286 On site: 170 low | high Med: 98 | |