Two Freestanding Buildings in San
1820 W 5th St. & 520 Flores St San Bernardino, CA 92408
For Sale
Contact for pricing
Two buildings with retail, office, or residential potential.
Property Size4,049 SF
Lot Size0.45 Acres
Price / SF$296.37
Days on Market142
Property Features for 1820 W 5th St. & 520 Flores St
General Information
- Standard status
- Active
- Size
- 4,049 SF
- Lot size
- 0.45 Acres
- Property subtype
- Retail
Listing Agency:
NAI Capital - Ontario
(909) 762-5489
Listed By:
Lidia Talavera · License #CA 01407598
Source:
Crexi
Added: Mar 4
Changed: Jul 10
Last Checked: Jul 24 at 12:23PM
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 NAI Capital - Ontario
Investment Insights
Based on property information with market context.
Located at 1820 W 5th Street and 520 Flores Street in San Bernardino, this offering features two freestanding buildings. The front property, situated at 1820 W 5th Street, is a ±2,024 square foot building on a ±19,600 square foot lot (0.45 acres). Previously operated as a restaurant, the space is now clear, with all furniture, fixtures, and equipment removed. The adjacent building at 520 Flores Street, formerly a car wash, comprises ±2,025 square feet on a ±14,000 square foot lot (0.32 acres). The car wash equipment has been removed, and the building has potential for residential conversion. Both properties are strategically located within an established infill corridor, offering convenient access to the 215 and 210 Freeways. They are surrounded by dense residential neighborhoods and neighborhood-serving retail. The freestanding layouts provide independent identity, strong signage opportunities, and flexible use potential including retail, office, medical, service-oriented, or residential applications. This dual-asset offering is well-suited for an owner-user seeking to operate a restaurant in the front building while utilizing the rear building as a private residence or complementary live/work space.
Key Highlights
- Dual‑asset offering: former restaurant and car wash, offering diverse potential.
- Strategic location with convenient access to the 215 and 210 Freeways.
- Former restaurant offers a clean slate for a new concept.
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 | $83.6k | $20.64 |
| − Vacancy | −$5.3k | −$1.32 |
| EGI | $78.2k | $19.32 |
| − OpEx | −$23.5k | −$5.80 |
| NOI | $54.8k | $13.52 |
4,049 SF · lease $20.64/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$782.2K
$684.5K – $912.6K
NOI $54,756 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,359 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Two buildings with retail, office, or residential potential.
Where is this retail space located?
The property is located at 1820 W 5th St. & 520 Flores St San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Dual‑asset offering: former restaurant and car wash, offering diverse potential.; Strategic location with convenient access to the 215 and 210 Freeways.; Former restaurant offers a clean slate for a new concept.
