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    Commercial Property with Rental Income Title is generated by Realmo AI

    7282 Tippecanoe Ave, San Bernardino, CA 92404

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    For Sale
    $1,649,000

    7,964 sq-ft building with rental income and open bays.

    Type:Commercial
    Property size:
    7,964 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $207/SF
    Added:
    Mar 10, 2026
    Days on Market:
    122
    Last Refresh:
    Jul 2 at 5:14 pm

    Property Features for 7282 Tippecanoe Ave

    General Information

    Standard status
    Active
    Size
    7,964 SF
    Lot size
    0.46 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1952

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    Leon Salajan
    Leon Salajan

    Listing office Pacific Realty Center

    Listing date Mar 10, 2026

    Source Elliman

    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 Pacific Realty Center

    HighLights

    • Income‑generating property: $3,800/month rental income.
    • Large 7,964 sq‑ft buildout suitable for various business purposes.
    • Features 10 open bays, 3 office spaces, 3 restrooms, and 2 showers.
    • Unique 'L' shaped lot extending from Tippecanoe Ave to Base Line.
    • Two parcels totaling 20,056 sq‑ft.
    • Built in 1952.

    Overview

    The property features a 7,964 square-foot building with two rental income streams totaling $3,800 per month. The layout includes 10 open bays, three office spaces, three restrooms, and two showers. The property's shape is an "L", extending from Tippecanoe Avenue to Base Line. It comprises two parcels, which together total 20,056 square feet.

    Local Financial Insights For Office B

    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 $200.7k $25.20
    − Vacancy −$19.1k −$2.39
    EGI $181.6k $22.81
    − OpEx −$45.4k −$5.70
    NOI $136.2k $17.10
    7,964 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.95M
    $1.70M – $2.27M (±1% cap)
    NOI $136,220 @ 7.0% cap · market cap 8.26%
    Second Best
    Retail
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $107,700 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Office A
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $167,894 @ 7.0% cap · market cap 10.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Bakery Gym & Fitness Center Skin Care Clinic Carpet & Flooring Store Locksmith Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.262
    Latitude
    34.1221

    FAQs

    What type of property is this?
    Multifamily property - 7,964 sq-ft building with rental income and open bays.
    Where is this multifamily property located?
    The property is located at 7282 Tippecanoe Ave San Bernardino, CA.
    What is the asking price?
    The asking price for this property is $1,649,000.
    What are key features of this property?
    This property features: Income‑generating property: $3,800/month rental income.; Large 7,964 sq‑ft buildout suitable for various business purposes.; Features 10 open bays, 3 office spaces, 3 restrooms, and 2 showers.
    More about this property
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