$995,000
The subject property is improved with a freestanding commercial building located near the signalized intersection of East Highland Avenue and Waterman Avenue in San Bernardino, California. The approximate 8,538 SF space which was previously a Bank of America branch sits on an impressive ±1.12-acre parcel and features substantial on-site parking with approximately 74 spaces. The property also includes an existing ATM lease with Bank of America, providing the buyer with substantial in place income of $24,000 annually. The building is situated near the front of the lot and per assessor records, the gross leasable area is 8,538 SF. This is broken down between the first floor of roughly 7,000 SF and the second floor of roughly 1,538 SF. Zoned Commercial General (CG-1), the property offers an established commercial setting with potential for a variety of business and owner-user opportunities, subject to applicable zoning and approvals. The property is strategically located along East Highland Avenue in San Bernardino, within the Inland Empire, a major Southern California commercial and logistics region. Its position near the signalized intersection of Highland Avenue and Waterman Avenue provides convenient access and visibility along an established commercial corridor. The surrounding area features a mix of national and regional retailers, restaurants, banks, and everyday service businesses, including Starbucks, Denny’s, Chase Bank, and Stater Bros. Markets. The property benefits from access to a substantial regional customer base. The traffic count on this stretch of E. Highland Avenue is approximately 27,000 vehicles per day.
DW26227034
MLS
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Active
Status
245 E Highland, San Bernardino
