Listed By:
BRANDON MIHLD with RE/MAX ADVANTAGE; 909-709-9841
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 Size0.5847 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

Heating Central
Cooling CentralAir
Utilities ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Roof Composition
Security Features SecurityGate
Year Built 2000
Property SubType Office
County San Bernardino
Net Operating Income 49960.0
Operating Expense 72767.77
Insurance Expense 4897.9
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 10206.95
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions Just North of Foothill Blvd on the right hand side of Riverside Avenue
City Rialto
View Y/N No
Senior Community Y/N No
Open Parking Spaces 33.0
Total Units 14
MLS Area 272 - Rialto
Lot Size Square Feet 25468.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 10
Street Name Riverside
Listing Terms Cash,CashtoNewLoan,Submit
Property Attached Y/N No
Land Lease Y/N No
Electric Expense 4344.52
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 209
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Office
MobileHomeRemainsYN No

Interior Features

Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N No
LivingAreaSource Assessor

Exterior Features

Fencing WroughtIron
Lot Features Landscaped,SprinklerSystem
Water Source Public
Total Parking 33.0
Lot Size Area 25468.0
Number of Buildings 1
Spa No
Building Area Total 6510.0
Lot Size Acres 0.5847
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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
AVG $1.89M
$2.8M
Visits
AVG 90
180
Data Provided by Inside Real Estate®
Year Built
AVG 1957
2000

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