406 Vanderbilt Way San Bernardino, CA 92408

Property Details for 406 Vanderbilt Way

Year built

2006

Property size

10,147 SF

Property type

Medical offices

APN

0281-341-23

Description

This exceptional 10,147 square foot Class B medical office building presents a unique investment opportunity in San Bernardino, CA. Located within the Summit at Tri-City office park, this two-story, 2006-built property sits on a 5,358 square foot lot (APN 0281-341-23) and is currently vacant, ready for immediate occupancy. The building offers 25 parking spaces and benefits from its strategic location near five hospitals, making it highly desirable for medical practices. The convenient location provides easy access to a variety of amenities, including popular restaurants like In-N-Out Burger, Olive Garden, and Café Organics, as well as several fitness centers such as Planet Fitness, Esporta Fitness, and 24-Hour Fitness. The property is zoned PFC. San Bernardino's office vacancy rate is at a record low of 5.5% (Q3 2024), with strong demand driven by government and medical tenants. The Inland Empire's growing population (4.7 million residents) and high proportion of retirees create significant demand for healthcare services and related real estate. This presents a compelling opportunity for owner-users or investors seeking a prime medical office space in a thriving market. The asking price is $2,500,000.