1263 North Mount Vernon Avenue, San Bernardino, CA 92411

$199,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$199,000
Status
ACTIVE UNDER CONTRACT
MLS#
00-26855697
Lot Size
20,000
Days on Market
25
Property Type
Land

Property Description

We are pleased to present the exclusive opportunity to acquire 1263 N Mount Vernon Avenue - a 20,000-square-foot (0.46-acre) General Commercial (CG-1) corner parcel on a high-visibility stretch of San Bernardino's Mount Vernon corridor. Level and delivered with all utilities to the site, the property is ideally suited for a single-tenant retail, owner-user, convenience store, service use, or small mixed-use development. This is a flexible, demand-driven infill site. CG-1 zoning supports a wide range of uses - retail, convenience and service commercial, and residential or mixed-use development of up to 47 units per acre - while a corner-influenced location just off the corridor's main retail intersection and 25,000 vehicles per day on Mount Vernon deliver the visibility tenants and developers seek. A dense, established trade area of 360,000+ residents within three miles drives consistent consumer and housing demand. Situated within a federal Opportunity Zone - with corridor housing pathways that can support new residential development - 1263 N Mount Vernon offers compelling long-term upside at an attractive basis. Offered free and clear and available individually or as a portfolio with 1686 N Mount Vernon, it is a rare opportunity to control a well-located corner pad in a supply-constrained infill market.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CB Richard Ellis, Inc..