139 Main St Barstow, CA 92311-2220

Property Details for 139 Main St

Year built

1931

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 lot acres

Property size

5,650 SF

Property type

Retail space

APN

0181-063-30-0000

APU

181063300000

Description

This 5,650-square-foot mixed-use building in downtown Barstow, CA, presents a compelling investment opportunity. Situated on a 0.11-acre lot at 139 Main Street, this two-story property enjoys high visibility and traffic on a bustling commercial corridor. The first floor currently operates as a 4,300-square-foot warehouse featuring a large open space, an office, and two bathrooms. The second floor comprises a 1,300-square-foot, three-bedroom, two-bathroom apartment. Projected annual income from both units is approximately $36,000. The warehouse space offers significant potential for conversion into various businesses, capitalizing on the high demand and low supply of commercial leases on Main Street. Barstow's strategic location along Interstate 15, connecting Los Angeles and Las Vegas, further enhances the property's appeal. The city is experiencing rapid growth fueled by the upcoming BNSF Railway investment and the Barstow International Gateway (BIG) development. The property's proximity to the 15 Freeway and Barstow Mall, along with neighboring businesses like Mojave Toyota, Mojave Nissan, and Roy's CafГ©, adds to its desirability. Minor damage to a building corner from a hit-and-run incident has been addressed with a completed city-required engineering plan ($4,500 cost covered by the seller) and repair quotes ranging from $11,000 to $15,000. Buyers can expect repair costs between $15,000 and $20,000. Subsequent leasing potential exceeds $36,000 annually, or the property could be flipped for a projected resale value of $350,000+. This motivated seller presents a rare opportunity in a thriving market.

Location Insight

City

Barstow

County

San Bernardino

State

California

Longitude

-117.028

Latitude

34.8991

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments