Yermo, CA 92398,525 E Yermo RD
Yermo, CA 92398,525 E Yermo RD
Yermo, CA 92398,525 E Yermo RD
14
$220,000
$235,000
6.4%
Est.Price: ?

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8,276 Sqft Lot

525 E Yermo RD Yermo, CA 92398

Est. payment /mo
SOLD DATE : 04/16/2023

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Key Details

Sold Price $220,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 524417

Year Built 1950

Annual Tax Amount $352

Tax Year 2021

Lot Size 8,276 Sqft

Property Description

Located on the highly traveled East Yermo Road, this sale includes 4 total parcels: 0538-063-07 / 08 / 09 & 10; 0.76 Total Acres with 2 separate buildings for a total; of 5,350 Sq. Ft. Parcel 10: has a metal building that is 2,700 Sq. Ft. with an open space floor plan, a tall roll up door and a small fenced yard. The main building is 2,650 Sq. Ft. with a spacious garage, room for storage, 2 roll up doors, a large office space with a restroom inside and outside. The total Lot Dimensions are estimated at 241 Ft. x 141 Ft. Surrounded by residential property and other commercial businesses; this property has a consistent traffic flow. Located 0.36 miles southwest of the Interstate 15 on/off ramp which has a traffic flow of 42,000 vehicles passing by this location daily. This property is perfect for a mechanic shop, tow yard, storage and several other commercial uses. The property located across the street has plans to restore the existing structure and build a storage yard. The property is currently leased at $1632 per month for the next couples years with a small option to extend. This gives you an 8.42% cap rate based upon the purchase price. Buyer to verify all figures to make sure this investment works for them.

Location

State CA

County San Bernardino

Zoning Commercial

Interior

Heating See Remarks

Cooling Evaporative Cooling

Exterior

Roof Type Composition,Metal

Building

Story 1

Water Public

Others

Acceptable Financing Cash, Owner Will Carry, Submit

Listing Terms Cash, Owner Will Carry, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Langley • Rigel Capital
Bought with James Langley • Rigel Capital

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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