Search
5-Unit Retail Shopping Center
For Sale
$1,788,000

415 W 5th St, San Bernardino, CA 92401

Fully leased corner-center with dual street access, on-site parking, and a new foam roof.

Property Size5,248 SF
Lot Size0.46 Acres
Price / SF$340.70
Days on Market30

Property Features for 415 W 5th St

General Information

Standard status Active
Size 5,248 SF
Total Parking Spaces 21
Lot size 0.46 Acres
Occupancy 100%

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: EXP REALTY
Listed By: Donald La
Source: Exprealty
Added: Sep 10 Changed: Oct 8 Last Checked: Oct 7 at 2:49PM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This 5-unit retail shopping center contains approximately 5,248 SF of building area on a 20,000 SF lot. Built in 1988, the property is 100% leased and includes a new foam roof. On-site parking provides approximately 21 spaces, including ADA spaces, subject to buyer verification.

The center occupies a signalized corner in downtown San Bernardino, with separate entry and exit points connecting to both 5th Street and D Street. A monument sign at the corner serves the center and its tenants. The property is adjacent to a State Government Building and near City Hall, the County Administration Building, and the main Post Office. Access to the 215 Freeway, along with a 72 walk score, 52 bike score, and 52 transit score, adds to the site's transportation connectivity.

Key Highlights

  • 5‑unit retail shopping center with approximately 5,248 SF of building area
  • 100% leased; approximately 21 on‑site parking spaces, including ADA spaces
  • Situated on a 20,000 SF lot at a signalized corner

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,970
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,400 $1.4M
Cap Rate 7%
$1,013,857 $1.0M
Cap Rate 9%
$788,556 $788.6K
Market Conditions
NOI Build-Up for 5,248 SF
Gross rent
$108.3K $20.64/SF
− Vacancy
−$6.9K −$1.32/SF
EGI
$101.4K $19.32/SF
− OpEx
−$30.4K −$5.80/SF
NOI
$71.0K $13.52/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,400
Cap Rate 7%
$1,013,857
Cap Rate 9%
$788,556

Alternative Uses

Best Use
Retail
$1.01M
$887.1K – $1.18M (±1% cap)
NOI $70,970 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,636 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

E&A Gift Shop (Bike/Boat/Book/etc) Store Frankie's Donuts & Deli Bakery SNB Electric Gate ... Metal Fabrication Plant

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Pharmacy Garden Center Storage Facility Computer & Electronic Repair

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby
270k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 32% Leisure 10% Hotels & Casinos 3%
In-N-Out Burger Dining
66,863 visits/mo 0.5 miles
Starbucks Dining
28,903 visits/mo 0.5 miles
Regal Cinemas San Bernardino 14 & RPX Leisure
27,114 visits/mo 0.2 miles
Panda Express Dining
22,227 visits/mo 0.5 miles
Bank of America Shops & Services
21,721 visits/mo 0.3 miles

Demographics for 92401, CA

2,016
Population
745
Households
2.7
Avg Household Size
31
Median Age
12%
College-Educated
55%
High-School Grad
0.7 sq mi
ZIP Area
2,880
Density / Sq Mi
$42,898
Median Household Income
$25,514
Median Earnings
$1,155
Median Rent
$348,400
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Kroger - Food 4 Less, 555-A W 2nd St, San Bernardino, CA 92401
  • Star World Plaza — 2878 W Rialto Ave, San Bernardino, CA 92401
  • Junior Foundation Vendor Market & Swap Meet — 654 W 4th St, San Bernardino, CA 92411
  • Runway — 331 9th St, San Bernardino, CA 92410
  • Coinstar Kiosk | Bitcoin ATM — 263 9th St, San Bernardino, CA 92410

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased corner-center with dual street access, on-site parking, and a new foam roof.
Where is this shopping center located?
The property is located at 415 W 5th St San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: 5‑unit retail shopping center with approximately 5,248 SF of building area; 100% leased; approximately 21 on‑site parking spaces, including ADA spaces; Situated on a 20,000 SF lot at a signalized corner
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again