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670 N Waterman Ave - Prime Multifamily Development Opportunity

4.28 Acres of Commercial Land Offered at £1,961,025 in San Bernardino, CA 92410

Executive Summary

The property is located in the Baseline+Waterman Specific Plan within the Gateway District which allows for a variety retail, professional, mixed use, and multifamily up to 30 DU/acre. A portion of the Specific Plan-Gateway District is attached.
NO TRUCKING OR OUTDOOR STORAGE USES ARE ALLOWED.

Attachments

Gateway District

Property Facts

Price £1,961,025 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Office
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Auto Repair
  • Drugstore
  • Fast Food
  • Garden Centre
  • Restaurant
  • Strip Centre
No. Lots 1 Total Lot Size 4.28 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,961,025
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Auto Repair
  • Drugstore
  • Fast Food
  • Garden Centre
  • Restaurant
  • Strip Centre
Total Lot Size 4.28 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,961,025 Lot Size 4.28 AC
Price Per AC £458,183
Price £1,961,025
Price Per AC £458,183
Lot Size 4.28 AC

$1,000,000.00 Price Reduction! Located on the SWC of Waterman Avenue and 7th Street. Approximately 4.28 acres are being offer for sale. The 45,000 square foot portion developed as a car wash is not part of the sale. The zoning is GC-1.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 0135-051-20
  • 0135-051-21
  • 0135-051-19
 Improvements Assessment £2,698,370
Land Assessment £1,573,526 Total Assessment £4,271,897

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0135-051-20
  • 0135-051-21
  • 0135-051-19
Land Assessment
£1,573,526
Improvements Assessment
£2,698,370
Total Assessment
£4,271,897

zoning

Zoning Code CG-1
CG-1
(909) 437-4131

  • Listing ID: 23983238

  • Date on Market: 26/08/2021

  • Last Updated:

  • Address: 670 N Waterman Ave, San Bernardino, CA 92410

The Land Property at 670 N Waterman Ave, San Bernardino, CA 92410 is currently available For Sale. Contact Mike Fill Commercial Real Estate Broker for more information.

Nearby Listings

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670 N Waterman Ave - Prime Multifamily Development Opportunity
(909) 437-4131 x

670 N Waterman Ave - Prime Multifamily Development Opportunity

Mike Fill

(909) 437-4131

(909) 437-4131

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