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Freestanding Day Spa Property
For Sale
$1,275,000

325 Cajon Street, Redlands, CA 92373

Commercial Sale, Redlands, CA

Property Size2,490 SF
Lot Size0.17 Acres
Price / SF$512.05
Days on Market88

Property Features for 325 Cajon Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning A-P
Directions I-10 Freeway East Exit Cypress Ave Right. Turn Right onto Cajon St and property is on the Right.
Subdivision 268 - Redlands
Standard status Active
APN 0171371040000
Lot size 0.17 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Utilities

Cooling system Central Air

Amenities

Retail Lobby
5 Treatment Rooms
1 Steam Room
1 Break Room in Kitchen
2 Restrooms
One Full-Shower
Laundry Hook-ups
Centra A/C & Heat
Newer Carpet
Modern Updates
Decrative Lighting
Natral Window Lighting
Waiting Room with Gas Fireplace
Outdor Patio Garden Lounge
Bonu 2nd Floor Studio Suite
Exterior Patio with Wood Gazebo
Camera Security System

Building Details

Year built 1930
Buildings 1
Listing Agency: KELLER WILLIAMS REALTY
Listed By: Teri Alvarez · License #01498790
Added: Aug 8 Changed: Nov 2 Last Checked: Nov 3 at 2:06PM
MLS# IG26174555

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

At 325 Cajon Street, this 1930 freestanding spa property contains 2,490 square feet on a 0.17-acre lot. The main floor includes a lobby, five treatment rooms, a steam room, a kitchen break room, two restrooms, laundry hookups, and a waiting area with a gas fireplace. Central air conditioning and heat serve the building, which also has fire sprinklers and camera security. A second-floor studio suite adds an open room, restroom with shower, kitchenette, office nook, and exterior patio with a wood gazebo. Four rear parking spaces and prominent yard-post signage are also on site.

The property is within Redlands’ historic downtown area, adjacent to an Optum medical facility and less than one mile north of downtown’s core. The I-10 Freeway is a 1.2-mile drive away. The sale may include the operating day spa business and associated furniture, fixtures, equipment, inventory, branding, website, social media, and client databases, with training negotiable. Zoning is A-P; buyers should verify zoning and use with the City of Redlands.

Key Highlights

  • 2,490 SF freestanding property on a 0.17‑acre lot
  • Five treatment rooms and one steam room
  • Second‑floor studio suite with kitchenette, restroom, and exterior patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,691
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,820 $713.8K
Cap Rate 7%
$509,871 $509.9K
Cap Rate 9%
$396,567 $396.6K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$53.8K $21.60/SF
− Vacancy
−$2.8K −$1.12/SF
EGI
$51.0K $20.48/SF
− OpEx
−$15.3K −$6.14/SF
NOI
$35.7K $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%
$713,820
Cap Rate 7%
$509,871
Cap Rate 9%
$396,567

Alternative Uses

Best Use
Retail
$509.9K
$446.1K – $594.9K (±1% cap)
NOI $35,691 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.2K
$459.6K – $612.8K (±1% cap)
NOI $36,766 @ 7.0% cap · market cap 2.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

International Day Spa Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,645
Businesses Nearby
271k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 26% Groceries 17% Beauty & Spa 1%
Albertsons Groceries
45,966 visits/mo 0.5 miles
McDonald's Dining
30,758 visits/mo 0.3 miles
ARCO Shops & Services
26,434 visits/mo 0.4 miles
Bank of America Shops & Services
23,902 visits/mo 0.4 miles
Starbucks Dining
19,736 visits/mo 0.4 miles

Demographics for 92373, CA

35,348
Population
14,501
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
888
Density / Sq Mi
$99,354
Median Household Income
$64,533
Median Earnings
$1,886
Median Rent
$713,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Selah Wellness — 555 Cajon St suite f, Redlands, CA 92373
  • Heart Centrd — 421 La Verne St, Redlands, CA 92373
  • Hope Acupucture & Herbs — 710 Brookside Ave suite 2, Redlands, CA 92373
  • Lund Chiropractic — 710 Brookside Ave suite# 7, Redlands, CA 92373
  • Bin Gao — 710 Brookside Ave, Redlands, CA 92373

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Historic cottage layout combines treatment rooms, a second-floor studio, and an outdoor patio garden lounge.
Where is this spa & wellness property located?
The property is located at 325 Cajon Street Redlands, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 2,490 SF freestanding property on a 0.17‑acre lot; Five treatment rooms and one steam room; Second‑floor studio suite with kitchenette, restroom, and exterior patio
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