Mixed-Use
1909 Mentone, Mentone, CA 92359
For Sale
$1,100,000
Combines retail space with residential space in a single property.
Property Size2,268 SF
Days on Market13
Property Features for 1909 Mentone
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Mixed-Use Components
Building Details
Building Size
Year Built
Listed By:
Leticia Aragon
Source:
Elliman
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 8 at 6:08AM
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 Leticia Aragon
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property brings together commercial retail and residential space. Built in 1928, it sits on Mentone Boulevard, also identified as Highway 38, in Mentone, California.
The property has a Walk Score of 51 and a Bike Score of 39. Its combination of commercial and residential components defines the asset’s current configuration.
The property has a Walk Score of 51 and a Bike Score of 39. Its combination of commercial and residential components defines the asset’s current configuration.
Key Highlights
- Includes commercial retail and residential space
- Located on Mentone Boulevard, identified as Highway 38
- Built in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,509
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,180
$650.2K
Cap Rate 7%
$464,414
$464.4K
Cap Rate 9%
$361,211
$361.2K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$49.0K $21.60/SF
− Vacancy
−$2.5K −$1.12/SF
EGI
$46.4K $20.48/SF
− OpEx
−$13.9K −$6.14/SF
NOI
$32.5K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,180
Cap Rate 7%
$464,414
Cap Rate 9%
$361,211
Alternative Uses
Best Use
Retail
$464.4K
$406.4K – $541.8K
NOI $32,509 @ 7.0% cap · market cap 2.96%
Second Best
Mixed Use
$262.7K
$229.9K – $306.5K
NOI $18,388 @ 7.0% cap · market cap 1.67%
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,488 @ 7.0% cap · market cap 3.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
82k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
Circle K
Shops & Services
14,402 visits/mo
0.5 miles
Jack in the Box
Dining
14,048 visits/mo
0.5 miles
76
Shops & Services
11,038 visits/mo
0.5 miles
Sinclair
Shops & Services
10,629 visits/mo
0.5 miles
A&W Restaurant
Dining
9,772 visits/mo
0.1 miles
Demographics for 92359, CA
8,900
Population
3,483
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
88%
High-School Grad
19.2 sq mi
ZIP Area
464
Density / Sq Mi
$74,408
Median Household Income
$43,251
Median Earnings
$1,270
Median Rent
$411,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in San Bernardino County, CA
Properties on Market for Mixed-use properties in San Bernardino County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines retail space with residential space in a single property.
Where is this mixed-use property located?
The property is located at 1909 Mentone Mentone, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Includes commercial retail and residential space; Located on Mentone Boulevard, identified as Highway 38; Built in 1928
