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2555 Waterman ave - 2555 S. Waterman Avenue San Bernardino, CA

1.57 Acres of Commercial Land Offered at £1,261,611 in San Bernardino, CA 92408

Investment Highlights

  • high traffic count area, in a emerging area of San Bernardino, CA
  • Prime development opportunity located on the corner of S Waterman & E Commercial rd. in San Bernardino.
  • Conveniently located south of Interstate 10 and east of interstate 215 with freeway entrances close by

Executive Summary

Great opportunity located on the corner of S Waterman and E Commercial Road in San Bernardino, CA. Located in a great area of San Bernardino and on the northern outskirts of the City of Loma Linda, CA. Located 1.4 miles from Loma Linda Medical Center and 2.4 miles from the VA hospital, Jerry L. Bettis Memorial Veteran Hospital. This area of San Bernardino is experiencing a lot of growth. New developments are located immediately surrounding the property.

Property Facts

Price £1,261,611
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Auto Repair
  • Bank
  • Bar
  • Bowling Alley
  • Carwash
  • Community Centre
  • Convenience Store
  • Daycare Centre
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Lodge or Meeting Hall
  • Parking Lot
  • Public Library
  • Religious Facility
  • Skating Rink
  • Storefront, Retail or Office
  • Supermarket
  • Veterinarian or Kennel
Total Lot Size 1.57 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,261,611
Price Per AC £803,574
Lot Size 1.57 AC

Prime development opportunity located on the corner of S Waterman & E Commercial rd. in San Bernardino. South Pointe neighborhood area of San Bernardino and on the north-western outskirts of the City of Loma Linda, 1.4 miles from LL Medical Center.

Description

Conveniently located south of Interstate 10 and east of interstate 215 with freeway entrances close by 3 APNs being sold together totaling 1.57 acres, 2 parcels zoned CG-1 = General Commercial (15 and 28)and one parcel zoned RMH - Residential Medium High (16) Zoning makes it suitable for general commercial uses and or a multi-housing development. Surrounding neighbors include many multi-housing apartments including Amber Cover Luxury Apartments, Telacu Buena Vista Apartments, and Loma Villas Apartments all of which have been recently built. Across the street is the Waterman Business Center which is a flex office development whose users consist of medical, professional, service, recreational and industrial users. Opportunity for a multi housing developer, flex or office developer or any investor looking for a long term hold or for immediate development.

zoning

Zoning Code CG-1 (3 APNs being sold together totaling 1.57 acres, 2 parcels zoned CG-1 = General Commercial (15 and 28)and one parcel zoned RMH - Residential Medium Hig)
CG-1 (3 APNs being sold together totaling 1.57 acres, 2 parcels zoned CG-1 = General Commercial (15 and 28)and one parcel zoned RMH - Residential Medium Hig)
  • Listing ID: 33414357

  • Date on Market: 04/10/2024

  • Last Updated:

  • Address: 2555 Waterman ave, San Bernardino, CA 92408

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