Property listed by Re/Max Time Realty, Robert Mendez 951-283-5015
$1,299,990
**PRIME CORNER** investment opportunity located at the northeast corner of Tippecanoe Avenue and Gould Street in San Bernardino, CA. This property features four income-producing rental units situated on approximately 0.62 acres across two parcels. Currently zoned RMH (Residential 24 units per acre), the site offers strong potential for more multifamily… Read More units or a zone change to CG-1 (General Commercial), which would allow for fast food, gas station, or retail chain and many other commercial uses to optimize the high traffic corner. Discussions with the city have been well received with positive feedback for the potential zone change to CG-1, as it would be consistent with the existing commercial developments directly across the street. Positioned along a major arterial with approximately 30,000 cars per day, this highly visible location is just one minute from the I-10 Freeway and five minutes from Loma Linda University Medical Center and San Bernardino International Airport. The property provides immediate rental income during the entitlement or redevelopment phase, making it an ideal opportunity for developers, investors, or owner/users seeking a well-located infill site with strong upside potential. Buyer to conduct their own due diligence to satisfy themselves. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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