Retail Building with Ample
2240 E Highland Ave San Bernardino, CA 92404
2240 E Highland Ave, San Bernardino, CA, 92404
Contact for pricing
For Sale
Contact for pricing
Flexible retail layout with ample on-site parking of 2.5 per 1,000 SF.
Property Size8,320 SF
Price / SF$216.35
Days on Market69
Property Features for 2240 E Highland Ave
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- RETAIL
Listing agency
KW Commercial
(909) 980-6868
Listed by
Rene Ramos, Jr. · License #01836872
Source
Moodyscre
Added: May 14 Updated: Jul 20 at 6:51PM Checked: Jul 21 at 4:14AM
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 KW Commercial
Investment Insights
Based on property information with market context.
This retail building offers a flexible configuration for single or multi-tenant use, designed to accommodate a range of retail layouts. The property includes ample on-site parking, sized at 2.5 spaces per 1,000 SF, supporting convenient customer access.
The offering is presented for sale. The building is located at 2240 E Highland Ave in San Bernardino, CA 92404.
The offering is presented for sale. The building is located at 2240 E Highland Ave in San Bernardino, CA 92404.
Key Highlights
- Flexible single or multi‑tenant configuration for adaptable retail use.
- Ample on‑site parking ratio of 2.5 spaces per 1,000 SF.
Local 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 | $171.7k | $20.64 |
| − Vacancy | −$11.0k | −$1.32 |
| EGI | $160.7k | $19.32 |
| − OpEx | −$48.2k | −$5.80 |
| NOI | $112.5k | $13.52 |
8,320 SF · lease $20.64/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,514 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,399 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
San Bernardino Fireplace ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Flexible retail layout with ample on-site parking of 2.5 per 1,000 SF.
Where is this retail space located?
The property is located at 2240 E Highland Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Flexible single or multi‑tenant configuration for adaptable retail use.; Ample on‑site parking ratio of 2.5 spaces per 1,000 SF.
