3972 N Waterman Ave San Bernardino, CA 92404
- Office Properties & Spaces
Current Use by Public Records
- wildwood dental / Dentist
- Bahram Nasrabadi Sohrabi / Family Practice Physician
- Claudine Ma / Nurse Practitioner
- Blessing Community Health Center / Medical Clinic / Doctor
- Active America Insurance Inc / Insurance Agency
Property Details for 3972 N Waterman Ave
- Year built
- 1965
- Property type
- Office Properties & Spaces
- Property subtype
- Residential offices
Description
This 9,289 square foot office building, located at 3972 N Waterman Ave, San Bernardino, CA 92404, presents a compelling owner-user investment opportunity. The property sits on a 0.73-acre lot and is ideally suited for a variety of uses, including other office properties, residential offices, medical offices, and mixed-use purposes. Currently, the building offers a strong potential for rental income, with a current net operating income of $91,400. This translates to a 6.20% capitalization rate at 90% occupancy, indicating significant value and return on investment. The asking price is $1,475,000, representing a low cost per square foot of $158. The property is particularly attractive to owner-users seeking a blend of operational space and investment potential. Furthermore, the property qualifies for Small Business Administration financing with a 10% down payment, making it accessible to a wider range of buyers. This presents a value-added opportunity with significant upside potential for rental income growth. Serious inquiries are encouraged to explore this exceptional investment prospect.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- State
- California
