Mixed-Use Property with Rear Alley
422 West 16th Street, San Bernardino, CA 92405
For Sale
$499,000
Existing improvements provide flexible space, drive-through parking, and convenient access to surrounding San Bernardino destinations.
Property Size2,340 SF
Lot Size0.17 Acres
Days on Market140
Property Features for 422 West 16th Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Building Details
Building Size
Year Built
Listing Agency:
Realty Connection Group
Listed By:
Maria Reams · License #01218855
Source:
Camdenmckayre
Added: Jun 23
Changed: Nov 5
Last Checked: Nov 8 at 12:19PM
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 Realty Connection Group
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Investment Insights
Based on property information with market context.
Built in 1964, this mixed-use property occupies a 7,500 sq ft lot at 422 West 16th Street in San Bernardino. The site includes a wide drive-through parking area and rear alley access, supporting efficient circulation and practical day-to-day operations. Its existing layout and scale may accommodate concepts such as a senior care home, small rehabilitation-style facility, supportive living environment, group care setup, or long-term residential care use, subject to city approval.
The property is positioned in an established residential setting near San Bernardino High School, local parks, markets, and single-story homes. Access to I-210 connects the site with nearby medical centers, city hubs, and regional routes. The combination of site access, parking configuration, and surrounding residential context gives the property a flexible foundation for multiple mixed-use or care-oriented concepts, subject to applicable approvals.
The property is positioned in an established residential setting near San Bernardino High School, local parks, markets, and single-story homes. Access to I-210 connects the site with nearby medical centers, city hubs, and regional routes. The combination of site access, parking configuration, and surrounding residential context gives the property a flexible foundation for multiple mixed-use or care-oriented concepts, subject to applicable approvals.
Key Highlights
- 7,500 sq ft lot at 422 West 16th Street, San Bernardino, CA 92405
- Wide drive‑through parking area supports site circulation
- Rear alley access provides an additional point of entry and movement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,907
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,140
$718.1K
Cap Rate 7%
$512,957
$513.0K
Cap Rate 9%
$398,967
$399.0K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$61.8K $26.40/SF
− Vacancy
−$4.3K −$1.85/SF
EGI
$57.5K $24.55/SF
− OpEx
−$21.5K −$9.21/SF
NOI
$35.9K $15.34/SF
Area
San Bernardino, CA
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,140
Cap Rate 7%
$512,957
Cap Rate 9%
$398,967
Alternative Uses
Best Use
Mixed Use
$513.0K
$448.8K – $598.5K
NOI $35,907 @ 7.0% cap · market cap 7.20%
Second Best
Retail
$452.1K
$395.6K – $527.4K
NOI $31,645 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$704.7K
$616.6K – $822.2K
NOI $49,331 @ 7.0% cap · market cap 9.89%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 9%
GO Car Wash
Shops & Services
13,932 visits/mo
0.5 miles
7-Eleven
Shops & Services
6,693 visits/mo
0.5 miles
Pizza Hut
Dining
2,233 visits/mo
0.4 miles
U-Haul
Shops & Services
1,839 visits/mo
0.4 miles
Demographics for 92405, CA
32,165
Population
9,727
Households
3.3
Avg Household Size
31
Median Age
13%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
6,433
Density / Sq Mi
$59,271
Median Household Income
$32,066
Median Earnings
$1,424
Median Rent
$376,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Existing improvements provide flexible space, drive-through parking, and convenient access to surrounding San Bernardino destinations.
Where is this mixed-use property located?
The property is located at 422 West 16th Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 7,500 sq ft lot at 422 West 16th Street, San Bernardino, CA 92405; Wide drive‑through parking area supports site circulation; Rear alley access provides an additional point of entry and movement
