2461 W Main St Barstow, CA 92311
For Sale
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This unique investment property at 2461 Main Street, Barstow, CA, presents a compelling opportunity for a savvy investor. The offering encompasses a 2,500 square foot freestanding retail building situated on a 1.04-acre lot. The retail space, previously used as a bar, requires renovation and presents significant upside potential for a variety of commercial uses. Attached to the main retail structure are five residential units, each needing updating. Four of these units are one-bedroom, one-bathroom apartments, and one is a single unit. The entire complex sits on approximately 45,302 square feet of land. The property's zoning is currently designated as Commercial and Industrial, according to public records. Adding to the potential, an adjacent 1,380 square foot single-family home is available for purchase as a separate transaction, offering further expansion or rental income possibilities. This combined property presents a rare chance to acquire a substantial mixed-use asset in a growing California market. The current asking price for the retail building and attached residential units is $495,000. The adjacent single-family home is available for separate negotiation. This is an exceptional opportunity for an investor seeking a value-add project with significant potential for return. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.