Address
437 N Riverside Avenue, Rialto, CA
Price
$ 2,800,000
Property Attributes
- MLS#EV23121242
- TypeCommercial
- CountySAN BERNARDINO
- CityRialto
- AreaRialto
- Zip92376
- StyleOffice
- Price$ 2,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6510
- Lot Size0.584665 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Located in the heart of downtown Rialto is this world class commercial office building that has been completely restored/remodeled to revive the craftsman's style aesthetics of the original home that came before it. Bonus...the additional parking lot next door (separate APN) is included in the sale! That's a grand total of 0.58 acres of property along Riverside Avenue! Positioned between the 210 freeway and 10 freeway, the property offers professionals and customers easy and simplistic access. This premium office building features: 6,510 sf (4 bathrooms - 2 on each level), 10 units total, 19 parking spaces in the gated lot next to building and an additional 14 parking spaces in the parking lot that is included in the separate lot next door (33 spaces total), and boasting upgrades galore - no detail was overlooked by the owner. From the wrought iron fencing, automatic gate, signage, built-in gutter systems, rooftop AC systems, dual paned windows, stone/decorative walls, mature/luscious landscaping, exterior lighting, down to how meticulous the property has been maintained, this property is the true definition of pride of ownership/design/craftsmanship. All 10 units are current leased by 3 different tenants - making this an amazing income producing property/opportunity.
| Price History | |
|---|---|
| 7/7/2023 | Listed $2,800,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| City | Rialto |
| Co-Listing Agent State License # | 01487581 |
| Cooling | Central Air |
| County | San Bernardino |
| Directions | Just North of Foothill Blvd on the right hand side of Riverside Avenue |
| Electric Expense | 4344.52 |
| Heating | Central |
| Insurance Expense | 4897.9 |
| Listing Agent | BRANDON MIHLD - BRE#01968068 |
| Listing Agent State License | 01968068 |
| Listing Terms | Cash, Cash to New Loan, Submit |
| Lot Size Square Feet | 25468 |
| MLS Area | 272 - Rialto |
| Maintenanceexpense | 10206.95 |
| Net Operating Income | 49960 |
| Number of Units Leased | 10 |
| Occupancy Description | Tenant |
| Open Parking Spaces | 33 |
| Operating Expense | 72767.77 |
| Property Sub Type Additional | Office |
| Property SubType | Office |
| Property Type | Commercial Sale |
| Roof | Composition |
| Security Features | Security Gate |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Street Name | Riverside |
| Total Units | 14 |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Year Built | 2000 |
| Year Built Source | Assessor |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Entry Level | 1 |
| Heating Y/N | Yes |
| Laundry Features | None |
| Livingareasource | Assessor |
| Street Suffix | Avenue |
| Total Stories | 2 |
Exterior Features
| Buyer Agent Compensation | 2.000 |
|---|---|
| Buyer Agent Compensation Type | % |
| Building Area Total | 6510 |
| Fencing | Wrought Iron |
| Lot Features | Landscaped, Sprinkler System |
| Lot Size Acres | 0.5847 |
| Lot Size Area | 25468 |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Total Parking | 33 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 92376
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2023 5:03 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
