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    291-297 N Waterman Ave, Unit Portfolio San Bernardino, CA 92408

    For Sale
    $3,100,000

    Multi-tenant retail center with drive-thru and billboard income.

    Property size:
    6,114 SF
    Lot size:
    0.76 Acres

    Property Features for 291-297 N Waterman Ave

    General Information

    Size
    6,114 SF
    Lot size
    0.76 Acres

    Source: KW Commercial Agent Rene Ramos, Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Retail Opportunity For Sale

    This multi-tenant retail property is situated on approximately 0.76 acres. The center features a mix of recognizable tenants, including Subway and Baker’s Drive-Thru, alongside other established retailers. The property includes a freestanding drive-thru restaurant located on its own parcel. An on-site billboard provides supplemental income and enhances exposure for the property. The property contains 6,114 square feet and is located at 291-297 E Highland Ave and 2180 N Waterman Ave in San Bernardino, CA.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Star World Plaza, Plaza Waterman, R&a Upholstery

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.278231
    Latitude
    34.103862

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with drive-thru and billboard income.
    Where is this shopping center located?
    The property is located at 291-297 N Waterman Ave, Unit Portfolio San Bernardino, CA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Strong, recognizable anchor tenants including Subway and Baker’s Drive-Thru.; - Supplemental income stream from on-site billboard.; - Free-standing drive-thru restaurant included.
    (909) 980-6868
    Request Owner's contact information
    291-297 N Waterman Ave, Unit Portfolio San Bernardino, CA 92408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    291-297 N Waterman Ave, Unit Portfolio San Bernardino, CA 92408
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