Commercial Property with Rental
7282 Tippecanoe Ave San Bernardino, CA 92404
For Sale
$1,649,000
7,964 sq-ft building with rental income and open bays.
Property Size7,964 SF
Lot Size0.46 Acres
Price / SF$207.06
Days on Market143
Property Features for 7282 Tippecanoe Ave
General Information
Standard status
Active
Size
7,964 SF
Lot size
0.46 Acres
Property subtype
Commercial
Building Details
Year Built
1952
Listing Agency:
Pacific Realty Center
(909) 772-1190
Listed By:
Leon Salajan · License #01225795
(909) 772-1190
Source:
Elliman
Added: Mar 10
Changed: Jul 10
Last Checked: Jul 29 at 1:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Realty Center
Investment Insights
Based on property information with market context.
The property features a 7,964 square-foot building with two rental income streams totaling $3,800 per month. The layout includes 10 open bays, three office spaces, three restrooms, and two showers. The property's shape is an "L", extending from Tippecanoe Avenue to Base Line. It comprises two parcels, which together total 20,056 square feet.
Key Highlights
- Income‑generating property: $3,800/month rental income.
- Large 7,964 sq‑ft buildout suitable for various business purposes.
- Features 10 open bays, 3 office spaces, 3 restrooms, and 2 showers.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.4k | $20.64 |
| − Vacancy | −$10.5k | −$1.32 |
| EGI | $153.9k | $19.32 |
| − OpEx | −$46.2k | −$5.80 |
| NOI | $107.7k | $13.52 |
7,964 SF · lease $20.64/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.80M
NOI $107,700 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.70M
NOI $102,150 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,894 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Multifamily property - 7,964 sq-ft building with rental income and open bays.
Where is this multifamily property located?
The property is located at 7282 Tippecanoe Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Income‑generating property: $3,800/month rental income.; Large 7,964 sq‑ft buildout suitable for various business purposes.; Features 10 open bays, 3 office spaces, 3 restrooms, and 2 showers.
