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San Bernardino Office Investment Opportunity

3972 N Waterman Ave San Bernardino, CA 92404

3972 N Waterman Ave, San Bernardino, CA, 92404
$1,475,000
For Sale
$1,475,000

9,289 SF Office Building in San Bernardino, CA 92404

Property Size9,289 SF
Lot Size0.73 Acres
Price / SF$158.79
Days on Market547

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
Listing Office
Listed by Drew
Added: Jan 16, 2025 Checked: Mar 16 at 9:06 am

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

Property Profile Location Intelligence

Current Use by Public Records

wildwood dental Dental Office Bahram Nasrabadi Sohrabi Pediatrician Claudine Ma Physician Blessing Community Health ... Medical Clinic Active America Insurance ... Insurance Agency

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Building Supply Skin Care Clinic Big Box & Wholesale Store Kitchen & Bath Showroom Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
Contact an agent
More about this property
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