San Bernardino Office Investment
For Sale
$1,475,000
3972 N Waterman Ave, San Bernardino, CA 92404
9,289 SF Office Building in San Bernardino, CA 92404
Property Size9,289 SF
Lot Size0.73 Acres
Price / SF$158.79
Days on Market638
Property Features for 3972 N Waterman Ave
General Information
Standard status
Active
Property type
Other office properties, Residential offices, Medical Office Space, Office Spaces, Mixed-use properties
Size
9,289 SF
Class
C
Total Parking Spaces
40
Elevators
N/A
Lot size
0.73 Acres
Investment Type
Owner User
Net Operating Income
$91,400
Building Details
Year Built
1965
Buildings
1
Stories
2
Listed By:
Drew Wetherholt
(909) 456-7019
Added: Jan 16, 2025
Changed: Mar 16
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Investment Insights
Based on property information with market context.
Located in San Bernardino, this 9,289 square foot office building presents an owner-user investment opportunity. Situated on a 0.73-acre lot, the property is suited for various uses, including other office properties, residential offices, medical offices, and mixed-use purposes. The building offers rental income potential, with a current net operating income of $91,400, translating to a 6.20% capitalization rate at 90% occupancy. The asking price is $1,475,000, representing a cost of $158 per square foot. The property is attractive to owner-users seeking a blend of operational space and investment potential. It qualifies for Small Business Administration financing with a 10% down payment, making it accessible to a wider range of buyers. This presents a value-added opportunity with upside potential for rental income growth.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 92404, CA
64,270
Population
19,403
Households
3.3
Avg Household Size
31
Median Age
10%
College-Educated
72%
High-School Grad
31.6 sq mi
ZIP Area
2,034
Density / Sq Mi
$66,173
Median Household Income
$36,237
Median Earnings
$1,386
Median Rent
$383,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office property - 9,289 SF Office Building in San Bernardino, CA 92404
Where is this office property located?
The property is located at 3972 N Waterman Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,475,000.
