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    Warehouse Flex Building with Offices Title is generated by Realmo AI

    7282 Tippecanoe Avenue, San Bernardino, CA 92404

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    For Sale
    $1,649,000

    COMMERCIAL - San Bernardino, CA

    Property size:
    7,964 SF
    Price / SF:
    $207/SF
    Added:
    Nov 8, 2024
    Days on Market:
    607
    Last Refresh:
    Jul 8 at 4:06 pm

    Property Features for 7282 Tippecanoe Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0273201190000

    Building Details

    Year built
    1952

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    Leon Salajan
    Leon Salajan

    Listing agent Leon Salajan License #01225795

    Listing office PACIFIC REALTY CENTER 430 E San Bernardino Road, Covina, CA

    Listing date Nov 8, 2024

    MLS# CV24230935

    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.

    HighLights

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

    Overview

    This property offers 7,964 sq-ft of flex/warehouse buildout featuring 10 open bays, plus three office spaces and three restrooms with two showers. The layout is configured to support both functional work space and built-in office amenities, and it includes a two-rental arrangement as described in the offering.

    The site is described as an “L” shape extending from Tippecanoe Ave to Base Line, and the property comprises two parcels that total 20,056 (units not specified in the provided information). The listing is presented for sale in San Bernardino, CA 92404, with the address provided as 7282 Tippecanoe Avenue.

    For tenants, buyers, or operators looking for flexible industrial space, the combination of multiple open bays and dedicated office areas can support a variety of light industrial, service, or warehousing needs. Because the offering notes existing rental income of $3,800 per month across the two rentals, the property may also appeal to buyers seeking an owned building with in-place income, alongside the opportunity to evaluate continued occupancy and use of the warehouse and office components.

    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
    Flex RnD
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,764 @ 7.0% cap · market cap 6.29%
    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

    Flex space

    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
    -117.2622521
    Latitude
    34.1221193

    FAQs

    What type of property is this?
    Flex space - Flex warehouse with open bays, office space, and two rental units generating stated monthly income.
    Where is this flex space located?
    The property is located at 7282 Tippecanoe Avenue 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 with $3,800/month rental income.; Large 7,964 sq‑ft buildout suitable for various business purposes.; Includes 10 open bays, 3 office spaces, 3 restrooms, and 2 showers.
    More about this property
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