Orange St St Redlands, CA 92374
This exceptional 3,065 square foot retail property, located at Orange Street in Redlands, California, presents a unique investment opportunity. Situated on a 0.23-acre lot, this property boasts a recently completed light interior and exterior remodel, offering a fresh and modern aesthetic. Built in 1960, the property has the potential for historic designation, adding significant value and appeal. The property comprises two separate units, both of which have a proven track record of successful tenant occupancy. Shared parking is available, providing up to 16 additional spaces for customers and employees. Its strategic location near the intersection of Orange Street and Colton Avenue ensures high visibility and accessibility, with convenient access to Interstate 10 freeway on and off ramps. This prime location places the property within walking distance of Downtown Redlands and the Train Station, benefiting from high foot traffic and a vibrant community atmosphere. Nearby businesses include prominent establishments such as Stater Bros., Domino's Pizza, Chevron Gas, Salvation Army, and Liberty Tax, further enhancing the property's desirability and potential for continued success. The asking price for this remarkable retail property is $744,999. This is an excellent opportunity for investors seeking a well-located, remodeled retail space with strong potential for rental income and future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.