For Sale
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Property summary
This exceptional value-add opportunity presents a 5,483 square foot multi-use commercial property situated on a 13,500 square foot lot in San Bernardino, California, at 4352 N Sierra Way, zip code 92407. Currently vacant with an occupancy date of April 10, 2024, this property offers significant upside potential for an owner-user or investor. The asking price is $1,500,000, representing a price per square foot of $273.57 and a pro-forma cap rate of 8.77%, with a pro-forma NOI of $131,592. The property features a rare, in-place Type 47 full liquor license and CUP, making it ideal for a bar, restaurant, or nightclub. The building is zoned CG-1 and includes 10 parking spaces in a gated, private lot. This location boasts high visibility on a major north-south thoroughfare (Sierra Way), experiencing up to 20,000 cars daily, just one block from the intersection of N Sierra Way and W 40th Street. The property is offered fee simple and includes APN numbers 0154-221-33 and 0154-22-34. Potential seller financing may be available. This is a truly unique opportunity to acquire a versatile commercial property with significant upside in a high-traffic location.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the San Bernardino market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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